RETAIL CRIME IN THE UK >>
UK FIGURES FOR 2008

UK retail shrinkage fell by 3% to 1.30%, against much of the trend in the rest of Europe. Last year's shrinkage was 1.34% and as high as 1.77% in 2002. 'Shrinkage' measures stockloss caused by crime, waste and error.

The Costs of Crime: These were the overall 2008 crime costs of UK retailers:

Customer theft	£1595 M
Employee theft	£1273 M
Supplier fraud	£209 M
Card fraud	£73 M
Robbery/burglary	£39 M
Error and waste	£666 M
Security and loss prevention	£785 M
The total UK costs of retail crime consist of the losses from thefts by customers, staff and suppliers, and the costs of security. Costs of Retail Crime £3,863 million (Source: Global Retail Theft Barometer 2008)

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