{$inpagemarkup}

Search News

Results: 51-60 of 650


Investment in convenience sector hits record high of £1bn

17 Sep 2024

Over the last year, convenience retailers have spent a combined £1bn (up from £646m in the previous 12 months) refitting their stores, installing new energy efficient refrigeration... Read more…

Bira responds cautiously to encouraging trends in KPMG Retail Sales Monitor report.

3 Sep 2024

The British Independent Retailers Association (Bira) has responded to the BRC-KPMG Retail Sales Monitor for August 2024. The report, which can be downloaded here, has highlighted:
Read more…

Pet Shop owner nominated for award for food bank donations

2 Sep 2024

Rebecca Harrington, owner of Purdy's pet shop in Coventry, has been nominated in the animal category at BBC CWR's Make a Difference awards for providing pet food parcels to food banks
Read more…

Standardised witness statement developed for retailers submitting CCTV evidence to the polic

2 Sep 2024

The National Business Crime Centre (NBCC), in collaboration with the Crown Prosecution Service (CPS) and police forces, has developed a standardised witness statement for retailers submitting... Read more…

Sheffield’s new independent retail hub opens to the public

2 Sep 2024

A redeveloped Grade II* Listed hub in Sheffield has opened its doors to the public for the first time, providing a contemporary city centre hub for some of the city’s finest... Read more…

Government urged to protect independent retailers as part of living wage increases

2 Sep 2024

The national president of the Federation of Independent Retailers has written to the new secretary of state for business and trade, Jonathan Reynolds, to highlight the impact of higher wages on... Read more…

Barbers to test blood pressure to fight inequality

2 Sep 2024

Two barber shops in south London are offering customers free blood pressure tests to tackle undiagnosed health issues amongst black and Asian men.
Read more…

Bira welcomes recent Bank of England interest rate cut

14 Aug 2024

The British Independent Retailers Association (Bira) has welcomed the Bank of England’s recent decision to cut interest rates from 5.25% to 5%.
Read more…

Community rallies around shop owner’s appeal after ‘devastating’ break-in

14 Aug 2024

A shop owner in Bramley, West Leeds, has thanked kind-hearted members of the community after her shop was targeted by burglars.
Read more…

National and local governments called on to invest in the repair of the retail sector after recent riots.

14 Aug 2024

The recent wave of civil unrest in the has dealt a severe blow to the UK retail sector, with high-street stalwarts and independent stores alike bearing the brunt of the violence.
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.