{$inpagemarkup}

Search News

Results: 1-10 of 622


Independent retailers face Fresh challenges as UK inflation climbs to 3.8%

20 Aug 2025

ACT parent company Bira has expressed serious concern following today's announcement that UK inflation rose to 3.8% in July, higher than the expected 3.7% and marking the tenth consecutive month... Read more…

Bike industry continues to face challenges as profits and forecasts falter at Giant, Canyon and Shim

14 Aug 2025

The global bike industry remains under pressure as Shimano, Giant and Canyon all report weaker profits and subdued outlooks for 2025.
Read more…

ACT to join industry leaders at brand new cycling trade event this September

13 Aug 2025

The ACT is set to be in attendance at the inaugural Cycling Industry News Live (CIN Live) trade show, which is set to bring together industry-wide education, market insight and product showcases... Read more…

Independent retail crisis deepens as nearly half see sales plummet compared to last year

12 Aug 2025

Britain's high street crisis has deepened dramatically with nearly half of independent retailers, including many in the independent cycling retail sector, reporting sales have crashed compared... Read more…

Independent retailers slam £5.9bn "de minimis" import loophole as Government delays action

11 Aug 2025

ACT parent company Bira has condemned the Government's inaction over the "de minimis" import loophole following a Sky News investigation revealing £5.9 billion worth of cheap imports... Read more…

Criminals undermining legitimate retailers as trading standards collapse

7 Aug 2025

Bira has warned that criminals are undermining legitimate retailers as trading standards services collapse, following a new Which? investigation.
Read more…

ACT welcomes Government's new product safety laws

23 Jul 2025

A leading cycle traders association has backed the government's move to protect consumers from dangerous products sold through online marketplaces, following Royal Assent of the Product... Read more…

Small Business Strategy Inquiry 2025 - ACT and Bira call for members to share their voice

20 Jun 2025

The House of Commons Business and Trade Committee has asked the ACT, and its parent company Bira, to help them reach out to small business retailers across the country, for their quick input on... Read more…

Beyond the discount: Restoring integrity to the cycle supply chain

18 Jun 2025

The Association of Cycle Traders believes the time has come for greater accountability throughout our supply chain, writes ACT Director Jonathan Harrison in an article published for BikeBiz.
Read more…

Bira welcomes Wales' business rates proposals but calls for key improvements

11 Jun 2025

Bira has welcomed the Welsh Government's consultation on business rate reforms for retail shops, whilst calling for significant improvements to ensure the proposals truly support high street... Read more…

Back to news menu

Shoplifting now among the most common crime against small firms

Posted on in Business News

Fresh evidence about the increasing problem of thefts from shops has been revealed amid a warning that organised shoplifting is now among the most common type of crimes against small firms.

Shoplifting

The Federation of Small Businesses (FSB) said crimes such as organised shoplifting, drained more than £1,000 from over half of small business victims across England and Wales in the last two years.

One in 10 lost more than £10,000 according to new research by the FSB, which added that firms also faced cybercrime and fraud.

The report, based on a survey of 560 small businesses in England and Wales, also revealed a growing number of reports of organised shoplifting and threatening behaviour towards shop owners and their staff.

More than a third of respondents said they had been affected by at least one traditional crime in the last two years, including vandalism, anti-social behaviour, burglary or robbery.

Among a third of small business victims who reported the crime to the police, three in five said officers did not attend the scene and half believe the police did not investigate after the initial response. Only 3% said the police investigated and made an arrest.

Tina McKenzie of the FSB said: “We’ve been hearing countless reports of organised shoplifting over the past year, and our study further shows how serious and unprecedented the problem is.

“Witnessing our small high-street shops and independent businesses losing their hard-earned money because these crimes are overlooked by authorities is disheartening, not to mention the mental toll on small business owners and their staff.

“What’s more alarming is the explosive rise in cybercrime and fraud from the persistence of phishing emails to sophisticated invoice fraud.

“As more and more small businesses extend their operations to the virtual world, online services providers that hold personal and financial information must enhance their security measures.”

The report follows similar warnings about shoplifting from retailers and the shopworkers union Usdaw.

Back to news menu

Useful links

If you have any other queries please contact us.