{$inpagemarkup}

Search News

Results: 51-60 of 623


‘Largest independent bookshop in the country’ to open in York

3 Oct 2024

Independent booksellers Topping & Company will open a new bookshop over multiple floors in central York in autumn 2025.
Read more…

Three quarters of British shoppers would ban paper receipts on eco grounds, new data shows

3 Oct 2024

3 in 4 Britons (77%) would ban paper receipts if they knew how many trees were cut down to generate them – and millennials are the most eco-conscious (rising to 87%).
Read more…

Bira Urges Chancellor to Safeguard Independent Retail in Upcoming Autumn Statement

24 Sep 2024

The British Independent Retailers Association (Bira) is set to address critical issues facing the UK's high streets at its upcoming Annual Conference, marking the event's return after a six-year... Read more…

Independent Retailers Association says steady inflation at 2.2% provides stability, but calls for interest rate reductio

19 Sep 2024

The British Independent Retailers Association (Bira) has said the inflation rate holding steady at 2.2% in August provides some stability for the high street - but stresses the Bank of England... Read more…

Reducing the Carbon Footprint of Cash Processing – A Guide for Businesses

17 Sep 2024

UK Finance and others who form the Cash Industry Environment Charter have been discussing best practices when it comes to cash deposits, and as a result have produced a short guide on reducing... Read more…

Local crafters band together to sell handmade goods in new shop

17 Sep 2024

A group of crafters have banded together to open a new store in Wickham, Hampshire selling their own handmade goods.
Read more…

New data - pharmacies, pubs and banks made up half of the closures on Britain's High Streets in the first six months of 2024.

17 Sep 2024

New data has revealed that a total of 6,945 stores have closed so far in 2024 - the equivalent of 38 shops per day, although if you balance this with new store openings, there's only a net... Read more…

Town becomes hotspot for Taylor Swift fans with themed cafe and shop.

17 Sep 2024

Nestled in the Anglesey community of Beaumaris, a shop and café have built their business around all things Taylor Swift, and fans seem to love it. The Mock Turtle in Beaumaris,... Read more…

Investment in convenience sector hits record high of £1bn

17 Sep 2024

Over the last year, convenience retailers have spent a combined £1bn (up from £646m in the previous 12 months) refitting their stores, installing new energy efficient refrigeration... Read more…

Bira responds cautiously to encouraging trends in KPMG Retail Sales Monitor report.

3 Sep 2024

The British Independent Retailers Association (Bira) has responded to the BRC-KPMG Retail Sales Monitor for August 2024. The report, which can be downloaded here, has highlighted:
Read more…

Back to news menu

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.”

Back to news menu

Useful links

If you have any other queries please contact us.