Figures released shows that UK retailers lost almost £11bn annually due to shrinkage, whether that be internal or external theft. The UK was top of this list out of 11 other countries surveyed in Europe.
The survey, conducted by Crime&tech, indicated shrinkage cost retailers £10.96bn in 2017.
Previous studies by Checkpoint shows that UK retailers suffered 1000+ incidents of shop lifting each day during 2018.
In 2018 it is also said that £3.09bn was spent to combat £7.86bn worth of shrinkage across Europe.
Here at Frontline Security 24/7 Ltd, we work with our Clients to ensure they have the best security solution in place to reduce shrinkage in their business. All our officers are screened above the standard of BS7858. We also hold SIA Approved Contractor Status for Security Guarding, Door Supervision and Key holding.
To find out more about our services and how we can help your business save money, Call Us on 0800 334 5687 for a FREE, no obligation consultation, or visit our website for more information.
Let us know your thoughts or experiences in the comments section.
Link to original article click HERE