Connect with us

Business

Shoplifting 2019: Low risk, high reward

Published

on

According to the National Association for Shoplifting Prevention (NASP), about 27 million people — 10% of the U.S. population — steal more than $13 billion worth of goods from retailers every year.

That’s about $35 million per day.

With 10 million people caught shoplifting in the last five years, that means one in every 11 persons in the U.S. will steal something from a store at some point in their lives. With only one of every 48 of them apprehended — and only half of those are ever prosecuted — it’s no wonder why shoplifters view their illegal industry as “low risk, high reward.”

Some companies regard shoplifting losses as a “cost of doing business,” merely passing along its extra expenses to the consumer in the form of higher prices. But most retailers resist that route, each for their own reasons. So do small businesses who, to remain competitive or simply stay in business, fear the risk of raising their prices.

Shoplifting appeals to men and women equally. About 25% of them are underage. Of the 75% who are adults, most say they started shoplifting in their teens.

In 29 states, the felony threshold for shoplifting/larceny is $1,000 or more. In states where it’s less than that (like $950 in California), shoplifting cases are a misdemeanor, which means less police involvement and minimal punishment, if any at all.

As a result, in recent years shoplifters have become more brazen with their escalating vocal abuse and threats of physical behavior during theft attempts. The people most at risk are store employees and customers, according to Mark Doyle, producer of The Annual Retail Survey.

Every year, all the numbers prove retail theft gets worse with no end in sight, Doyle says. In eight of the last 10 years, the number of shoplifters and dishonest employees has increased, and so has the amounts of money recovered from those arrested.

Now, according to Organized Retail Crime (ORC), the nation’s ever-expanding drug crisis has created a desperate need for cash by users. They, too, become shoplifters.

Front Royal, VA
81°
Partly Cloudy
6:53 am7:38 pm EDT
Feels like: 82°F
Wind: 7mph SW
Humidity: 49%
Pressure: 30.13"Hg
UV index: 5
SatSunMon
88°F / 66°F
70°F / 41°F
63°F / 45°F
Business Growth Series6 hours ago

Business Growth Series: Why Good Businesses Still Struggle to Grow

Food6 hours ago

Brownies with Mini Chocolate Easter Eggs

Local News7 hours ago

Shenandoah Downs Opens 11th Season April 11 with Tribute to Roger Hammer

Interesting Things to Know7 hours ago

We Don’t Know Everything About DNA

Interesting Things to Know8 hours ago

How PAAS Came to Dominate the Easter Egg Dye Tradition

State News21 hours ago

Spanberger Signs Bipartisan School-Safety, Student Support Bills Into Law

Obituaries21 hours ago

Melanie J. Pomeroy (1958 – 2026)

Obituaries22 hours ago

David Benjamin Heller (1990 – 2026)

Historically Speaking22 hours ago

1776 Wasn’t Just About Independence

Local Government22 hours ago

Three-Tiered System for Urban Agriculture Based on Lot Size Takes Shape at Town Planning Commission Work Session

Local News1 day ago

Child Abuse Awareness Month Brings Focus to Reporting, Prevention in Warren County

Health1 day ago

National Dental Hygienists Week: Is Your Oral Care Routine Optimal?

Interesting Things to Know1 day ago

The Coin That Traveled Through Time and Space

Agriculture1 day ago

One “What If?” Question Is Changing the Future of Farming

Community Events2 days ago

AA Speaker to Explain Recovery Program at United Methodist Men’s Dinner

Obituaries2 days ago

Jeannette M. Hyland (1944 – 2026)

Obituaries2 days ago

Allen William Derflinger II (1959 – 2026)

Job Market2 days ago

Warehouse Clerk: A High-Demand Job—Even With Robots

Health2 days ago

FDA Cracking Down on Compounded GLP-1 Drugs

Opinion3 days ago

“Christmas in April” or Overspending? Budget Draws Criticism

Local News3 days ago

Court Ruling Voids Prince William Data Center Rezoning, Raising Stakes for Local Debate

State News3 days ago

Spanberger Signs First Bills Targeting Healthcare, Housing and Energy Costs

Community Events3 days ago

Blue Ridge Singers Spring Concerts to Showcase Powerful Blend of Voices and Brass

Opinion3 days ago

What Counts as “Good Policy” Depends on Who’s in Power

State News3 days ago

Planned Parenthood Presses Virginia to Restore State Funding for Contraception Program