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How does shoplifting affect the stores and consumers?

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Thus, the store does not know whether the missing item was taken by shoplifting or whether its absence is a result of an inventory error or other cause. While it may be true that "retailers make enough profit off consumers to cover the amount stolen," theft affects all of us and we pay higher consumer prices because of it. read more

Well, the retailer plans for shortage and adds up the price of merchandise to off-set the loss. read more

Shoplifting, the theft of retail products by customers, is the second leading cause of inventory loss for retailers behind employee theft. Shoplifting by customers has a number of direct and indirect effects on a business. read more

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