5 Items Popular With Shoplifters
Popular Items On A Shoplifter's Grocery List
The shoplifters of today aren't necessarily looting diamond jewelry or high-end electronic products. They're looking for products that are compact, reasonably costly and can be sold for near-retail prices. Also, shoplifting of today is a much larger industry than you might think, with many shoplifters selling their products to other companies that then go online to resell these items at discounted prices. Many of the most commonly stolen products are perhaps some of the most everyday items you could imagine, far from those classic stereotypes we all call up when we think of retail theft.
Razors and razor blades are typically expensive - especially if you're looking at the brand-name varieties. Add to this the fact that they're also quite small in size and you've got an item that's a prime target for shoplifters. These items are frequently stolen for resale since they are a fairly costly hygiene item with high demand. With most men requiring a shave every so often, and replacement blades for some razors costing more than $20 a package, it's no surprise that there's a market for cut-rate razor blades. It's estimated that razor blades have a shrinkage rate of approximately 2.7%.
Similar to razors and razor blades, electric toothbrushes and their corresponding replacement heads are both commonly shoplifted items. Small electric tools make up a significant amount of the items stolen from retailers because of their high resale value. Electric toothbrush heads are expensive and small, making them another prime target for thieves. These heads are then resold online or in discounted retail settings at a reduced price. Whitening strips are another dental hygiene product with a high shrinkage rate in retail stores
It might be surprising to learn that one of the most frequently stolen items from grocery stores is filet mignon. In fact, choice cuts of meat are prime targets in the supermarket. It's also estimated that grocery stores in general are one of the most commonly hit targets of shoplifters. Other grocery items with high shrinkage rates include cheese and confectionery items.
Expensive bottles of champagne and premium liqueurs are prime targets for theft with a shrinkage rate of roughly 2.9% in North America. Though one might quickly jump to the conclusion that liquor theft would most commonly be at the hands of juveniles looking for a little fun, some evidence suggests that those who are stealing liquor are more frequently doing so to feed an addiction. However, this is not to suggest that some shrinkage is not due to party-seeking teenagers, who often attempt to justify the theft because they can't legally buy the product.
Perfume And Cosmetics
At retail prices, it's definitely true that the top perfumes and colognes are classified as a luxury item. A contributing factor to this item's high theft rate is the fact that the boxes and bottles are typically small in size, making them relatively easy for shoplifters to conceal. Fragrances are often stolen so that they can be resold, given as gifts or used by the perpetrators. Other cosmetic products like make-up and face creams are also frequent targets for shoplifters.