Security Survey Shows Rise in Retail Theft

January 2007
Security: Solutions for Enterprise Security Leaders;Jan2007, Vol. 44 Issue 1, p12
Trade Publication
The article reports on the findings of an annual security survey conducted by the University of Florida in Gainesville, Florida regarding the increasing sales lost due to retail store theft in the U.S. Based on the results, retailers lost more than $37.4 billion owed to a combination of employee stealing, shoplifting and vendor fraud. Furthermore, there was a dramatic growth in the average dollar loss per incident which climbed up to 320% since 2003.


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