highlights that the prices of foods and non alcoholic drinks rose at the second highest rate in 45 years in the year to April 2023., the total cost of retail crime stood at £1.76 billion in 2021/22.
highlights that the prices of foods and non alcoholic drinks rose at the second highest rate in 45 years in the year to April 2023., the total cost of retail crime stood at £1.76 billion in 2021/22. £953 million was lost to customer theft, with eight million incidents of theft over the year. They added that retailers also spent £715 million on crime prevention in 2021/22.
Heartbreakingly, baby formula is one of the most commonly stolen items with several shops now keeping it locked in cases until it’s purchased. Some people think this is due not only to desperate parents needing to feed their babies but also to scammers trying to sell on this high-value item. In fact, this is such an issue thatWalked in to Co-op today and was actually really sad to see baby formula/milk was needed to be in a locked container. I do not condone stealing.
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