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Cycling club raising funds for youth bike maintenance workshops and 'go slow' inclusivity initiative

21 Nov 2024

A local cycling club is raising money and seeking donations and assistance in order to teach bike maintenance to young people through a series of workshops in 2025.
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Bira meets with Treasury members to discuss Budget concerns and business rate reform proposal

17 Nov 2024

Bira has held a meeting with members of the Treasury team to discuss concerns following its robust response to the Government’s recent Budget announcement.
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ACT teams up with Saledock to supercharge bike shop efficiency and customer experience

14 Nov 2024

The ACT has announced a dynamic partnership with Saledock - an all-in-one POS, eCommerce, and inventory management platform tailor-made for bike shops and workshops.
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'Devastating and out of touch' - independent retailers react to Budget bombshell

1 Nov 2024

Independent retailers across Britain have reacted with dismay to yesterday's Budget, with many warning of store closures, job losses and cancelled expansion plans.
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Devastating Budget Delivers Triple Blow to Independent Retailers, Says ACT and Bira

30 Oct 2024

The British Independent Retailers Association (Bira) and the ACT have condemned today's Budget as the most damaging for independent retailers in recent memory, with... Read more…

Retailers paying one-third of all UK business rates despite making up only 9% of economy

30 Oct 2024

Retailers and hospitality businesses are paying three times their economic share in business rates, according to analysis by the British Retail Consortium (BRC) and UK Hospitality.
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How much cash do you still accept? Independent cycling retailers can respond to this survey today

30 Oct 2024

ACT parent company Bira is working with UK Finance and other organisations who form the UK’s wholesale cash industry to gain vital information to ensure businesses get the best possible... Read more…

Bira Conference a huge success with ACT members in attendance

25 Oct 2024

ACT members were in attendance at the hugely successful Bira Conference in London last week, featuring an inspiring line-up of speakers providing valuable insights from independent retail... Read more…

Bira cautiously welcomes retail sales growth but calls for continued support

11 Oct 2024

ACT parent company Bira has responded to the BRC-KPMG Retail Sales Monitor for September 2024
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FSB launches blueprint to revitalise UK high streets and boost tourism

3 Oct 2024

The Federation of Small Businesses has launched a new initiative, which it says aims to transform high streets across the UK, by advancing economic, social, and cultural benefits, while also... Read more…

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Convenience stores saw record levels of theft in 2022, according to ACS report

Posted on in Business News

New figures from the Association of Convenience Stores (ACS) have revealed record levels of shop theft being committed against local convenience retailers over the last year.

According to ACS’ Voice of Local Shops survey of over 1200 independent retailers, 63% of independent retailers reported that theft in their businesses had either increased (35%) or stayed the same (28%) over the last year, with just 9% reporting a decrease in levels of shop theft.

The survey has been tracking levels of shop theft since the start of 2012. It claims the ‘theft index’ has been reasonably steady from 2016 through to early 2021 but has since gradually risen to now record highs amid ongoing inflation and the cost-of-living crisis.

Across the UK, London retailers are reportedly the worst affected, with 48% of retailers surveyed saying that theft has increased over the last year. This compares to 28% of retailers in the North East who reported an increase in theft, the lowest of any UK region.

Figures from the ACS 2022 Crime Report show that convenience stores spent over £246m in the previous year on crime prevention measures like CCTV, security staff and alarm systems.

“We are extremely concerned about the continued increase in theft levels in local shops,” ACS chief executive James Lowman said.

“Retailers tell us that the vast majority of incidents are committed by repeat offenders, usually well known in the area, that are stealing high value items like meat, coffee, alcohol and household/beauty products to then sell on, either as part of an organised crime group or to fund a substance addiction.

“Theft is not a victimless crime; it takes an enormous financial and personal toll on the retailers that are trying to run a business in their communities. Theft is also the biggest single tigger for abuse of colleagues and violent incidents in stores.”

Lowman added: “We need targeted action to stop the repeat offenders that are stealing on a regular basis without any concern about being apprehended by the police.”

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