Quote:
Originally Posted by CliffFletcher
I don’t know about historical data, but the Retail Council of Canada says losses from shoplifting are up 300 per cent in the last three years.
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Think about that time frame for a second. Why is 3 years ago, when retail activity was a shell of its normal self, some sort of useful baseline to judge shoplifting losses? Perhaps they're going for shock value rather than useful data (and it seems to be working)?
Longer-term numbers would be much more useful, but the Retail Council of Canada doesn't seem to be providing them. They're available for the US though. And there, retail losses have increased compared to before the pandemic, but not even in the same universe as 300%. The last numbers I saw showed about a 25% increase in losses compared to pre-pandemic, which when adjusted for the 20% inflation over that period and/or % of sales, really isn't that much of an increase at all.