From theft, retail lost $ 6,648 billion
10.11.2014 4927

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 ...

Latest News

Lacoste has released a retro model of the T-Point sneakers

For the new T-Point urban sneaker, Lacoste's designers were inspired by the Tennis '91 sports shoe, which first appeared in the French brand's collection in 1991 ...
09.05.2021 93

Muscovites return to shopping centers

According to "Kommersant" with reference to the Shopping Index of the analytical company Watcom Group, in the past three weeks the attendance of shopping centers in the capital has shown a steady positive ...
30.04.2021 409

Ralf Ringer took part in the children's fashion show at Moscow fashion week

On April 17, as part of the Moscow fashion week, a show of clothes created according to the sketches of 10-year-old Zoya Kukushkina was held. The Ralf Ringer company took part in the show-show of children's T-shirts "Saveit". Young models took to the podium in shoes ...
30.04.2021 375

adidas Originals and LEGO Group unveil ZX 8000 'Bricks' collection

adidas Originals and toy company LEGO Group launch their second collection. The design of the collection combines the recognizable aesthetics of the Danish brand with one of the key silhouettes ...
30.04.2021 510

Vivienne Westwood re-releases iconic Super Elevated Ghillie shoes

In the spring-summer 2021 season, the Vivienne Westwood collection has a replica of the iconic Super Elevated Ghillie shoes, which were first demonstrated at the Vivienne Westwood show called Anglomania in 1993 by top model Naomi ...
29.04.2021 464
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning