Tuesday, November 26, 2013

Black Friday Shoplifting

The Thanksgiving and Black Friday holiday mean that the crazy shopping season is here too, and that means that, inevitably, there will be people looking to take a five-finger discount on top of the already crazy deals.

According to Morningstar.com:
$13 billion worth of goods are stolen from U.S. stores annually, the National Association for Shoplifting Prevention estimates, and shoplifters are reportedly only caught every 48 times they shoplift; by then, a regular shoplifter has already stolen $1,800 worth of goods. 

So retailers are fighting back. Nearly two dozen major U.S. stores apprehended 1.1 million shoplifters last year, an increase of 7% on the year before, according to the 25th Annual Retail Theft Survey conducted by Jack L. Hayes International, a loss-prevention consulting firm. Over $138 million was recovered from apprehended shoplifters in 2012, an increase of almost 23% from 2011.

Here's a look at some of the items shoplifters like to target most.

Cosmetics - makes sense, easy to pocket

Pregnancy tests - those are expensive...or so I hear

Baby formula - again makes sense

Men's razors - too expensive, if you ask me

Jewelry - duh.

Underwear - apparently ladies go and layer on a few pairs and then walk out with them all on

Condoms - I suppose. Too embarrassed to purchase them?

iPhone accessories - easy to pocket.

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