Retail organizations in the U.S. have also been warning about increased shrink.
In the letter, leaders stated that they are seeking support for colleagues who continue to face “unacceptable levels of violence and abuse,” amid a rise in theft, much of it organized crime, and “anti-social behavior” which in many cases are the root cause of violent incidents.As such, the retailers are making two demands of the government.
And secondly, retailers are asking the government for greater prioritization of retail crime by police forces across the U.K. “While the police face challenges across numerous competing priorities, 44 percent of BRC members rate the police response as poor or very poor,” the letter stated. “For one major retailer, the police’s own data shows that they failed to respond to 73 percent of serious retail crimes that were reported.
The U.K.’s retail trade organization also put the scale of retail theft in the country at 953 million British pounds , despite retailers spending more than 715 million pounds on crime prevention. This means the total cost of retail crime stood at a whopping 1.76 billion pounds for the 12-month period to April, the survey found.
What brings these two countries together are retailers from both sides of the pond calling on their governments to step in and help curb the problem. While the U.K. retailers are asking its government for harsher punishment for retail crime offenders, retailers in the U.S. are hoping for similar legislation.
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