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Security NewswireRetail/Restaurants/Convenience

$199 Million Recovered from Retail Thieves in 2013

June 25, 2014

Almost 1.2 million shoplifters and dishonest employees were apprehended in 2013 by just 23 large retailers. Over $199 million was recovered from these thieves, according to the 26th Annual Retail Theft Survey from Jack L. Hayes International.

The number of apprehensions and recovery dollars were up in 2013 – 2.5-percent increases in apprehensions and 4.5-percent increases in recovery dollars for shoplifters, and 6.5- and 2.5-percent increases respectively for dishonest employees.

More than $144 million was recovered from apprehended shoplifters in 2013, and an additional $98.6 million was recovered from shoplifters where no apprehension was made – up 22.2 percent from 2012.

In 2013, 78,085 dishonest employees were apprehended, and more than $55 million was recovered from employee apprehensions. One out of every 39.5 employees was apprehended for theft from their employer in 2013 (based on more than 3 million employees). On a per-case average, dishonest employees steal approximately 5.4 times the amount stolen by shoplifters ($706.21 vs. $130.89).

KEYWORDS: employee theft insider threats shoplifting

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