$189 Million Recovered from Retail Thieves in 2012

One in 40 Employees Was Apprehended for Theft from their Employer in 2012, the Survey States.

More than 1.1 million shoplifters and dishonest employees were apprehended by jut 23 major retailers in 2012, and authorities recovered $189 million from these thieves in 2012, according to the 25^th Annual Retail Theft Survey conducted by Jack L. Hayes International.

In 2012, shoplifting apprehensions increased 7.4 percent and recovery dollars from shoplifters increased 22.7 percent. Dishonest employee apprehensions and recovery dollars also increased in 2012, 5.5 percent and 7 percent respectively.

In addition, the survey finds that one out of every 40 employees was apprehended for theft from their employer in 2012 (based on more than 2.8 million employees), and dishonest employees steal approximately 5.5 times the amount stolen by shoplifters ($715.24 vs. $129.12).

There were 1,074,593 shoplifters apprehended in 2012 (a 7.4 percent increase from 2011), and while $138 million was recovered from apprehended shoplifters, an additional $46.8 million was recovered from shoplifters where no apprehension was made – up a significant 25.2 percent from 2011.

ON DEMAND: Business-impacting events such as severe weather, man-made disasters, and supply chain disruption are increasing in frequency and making impacts around the globe.

In today's rapidly evolving security landscape, organizations face an ever-growing array of disruptive events, security threats and risks. Traditional reactive approaches to security intelligence often leave businesses vulnerable and ill-prepared to anticipate and mitigate emerging threats that could impact the safety of their people, facilities or operations.