Rieker
From theft, retail lost $ 6,648 billion
10.11.2014 4855

From theft, retail lost $ 6,648 billion

The Smart Cube conducted a study in which it turned out that the volume of financial losses from theft in Russian retail amounted to 6,648 billion dollars, or 1,35% of total sales.

The main reasons for financial losses of Russian retail operators are theft by unscrupulous employees (33,3% of the total share of losses) and theft by visitors (32,9%). Supplier fraud and losses from administrative errors to a lesser extent affect the total volume of losses: 7,6% and 26,1%, respectively.

Moreover, more than 60% of thefts are committed precisely during the New Year holidays season. It is followed by seasons of sales (19%) and preparation for school (12%).

“The key tool that can significantly reduce financial losses is not only modern equipment and control over its own personnel. First of all, it is necessary to analyze data on thefts on a monthly basis and find solutions to reduce the level of theft of the most “popular” goods.

Today, Russia is one of the leaders in investment in the prevention of shoplifting. In 2014, over $ 6 billion was spent on fighting losses by domestic retailers. But, judging by the results of the study, the volume of financial losses from theft in our country is still one of the highest in the world.

Almost 65% of shoplifters are people aged 18-45. Low income, together with a desire for a social life, are considered to be among the main reasons for theft. Shoplifters under 18 (23%) make up a significant share in Russia.

The Smart Cube conducted a study, during which it turned out that the volume of financial losses from theft in Russian retail amounted to 6,648 billion dollars, or 1,35% of the total ...
5
1
Rating

Latest News

OR GROUP: In January, Westfalika's online sales reached 62 million rubles.

OR GROUP reports that in January 2021, the share of online sales in the revenue of the marketplace created on the basis of the Westfalika retail network increased by 23,4%. Online sales reached RUB 62 million. The assortment of the trading platform (retail chain and ...
26.02.2021 124

Brunello Cucinelli has diluted a cozy boho style with outdoor shoes

In the new women's collection of the Italian luxury brand Brunello Cucinelli, which was presented online at Milan Fashion Week on February 24, multi-layered cozy garments made of knitwear, cashmere, mohair and silk are unexpectedly combined with ...
26.02.2021 173

Euro Shoes Premiere Collection will begin work on March 1 at the Main Stage art space

Moscow's leading Professional International Footwear Exhibition Euro Shoes Premiere Collection will be held in the capital from March 1 to 4. We remind you that the exhibition is held in the Main Stage art space (Sharikopodshipnikovskaya st., 13, p. 33).
25.02.2021 180

Shoes Report Youtube Channel: Interview with Sales Director Marco Tozzi, Eldar Schaffner

Eldar Schaffner, Sales Director of Marco Tozzi in Russia, spoke with Shoes Report editor Marina Shumilina about the specifics of the 2020 crisis, a new collection, new strategic decisions and plans for the future.
25.02.2021 187

Econika created a light mood in the spring-summer 2021 season

In the spring-summer 2021/22 season, the Econika shoe and accessories brand has released a delicate, feminine and not boring collection. Without abandoning their love for creative experiments with forms, the brand's designers have kept the right balance. Pleased with the presence ...
25.02.2021 447
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning