5 Items Popular With Shoplifters

AAA

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

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%.

Electric Toothbrushes

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

Luxury Meats

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.

Alcohol

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.
Related Articles
  1. Retirement

    Harry's Review: Is It Worth It?

    Find out if Harry's, the fast-growing, online purveyor of low-cost razor blades and shaving kits, is worth all of the hype in this review.
  2. Investing

    Is Gillette's Market Edge Becoming Razor-Thin?

    Despite Gillette's success with the razor-and-blades strategy, the increasing popularity of beards and new competition may slow the brand's growth.
  3. Personal Finance

    How Dollar Shave Club Grew to a 630M Valuation

    Dollar Shave Club's rapid rise to become a major player in the razor industry.
  4. Retirement

    Dollar Shave Club Review: Is It Worth It?

    Learn about the business model of the Dollar Shave Club, and find out whether the razor subscription company is a worthwhile investment.
  5. Markets

    What’s The Key To Costco’s Extraordinary Success?

    Costco has been one of America's most successful companies: It's growing, efficient, profitable and its long-term shareholders have benefited a windfall.
  6. Investing

    Financial Statement: Extraordinary Vs. Nonrecurring Items

    When it comes to analyzing a company, successful analysts spend considerable time differentiating between accounting items that are likely to recur going forward from those that most likely will ...
  7. Personal Finance

    Top 7 Money Saving Tips For Buying Groceries

    Understand why it benefits grocery shoppers to shop intelligently with money-saving tips, such as staying away from prepared foods and looking for coupons.
  8. Investing

    5 Money-Saving Shopping Tips

    Reducing the amount you spend is the easiest way to make your money grow.
  9. Personal Finance

    22 Ways To Fight Rising Food Prices

    As food costs rise it can be difficult to stay on budget. Here are some handy tips to spend less at the till.
  10. Personal Finance

    Turn Your Old Clothes Into Cash

    If your closet is full of clothes you don't wear, use these tips to make some money (and some room) quickly and easily.
Hot Definitions
  1. AAA

    The highest possible rating assigned to the bonds of an issuer by credit rating agencies. An issuer that is rated AAA has ...
  2. GBP

    The abbreviation for the British pound sterling, the official currency of the United Kingdom, the British Overseas Territories ...
  3. Diversification

    A risk management technique that mixes a wide variety of investments within a portfolio. The rationale behind this technique ...
  4. European Union - EU

    A group of European countries that participates in the world economy as one economic unit and operates under one official ...
  5. Sell-Off

    The rapid selling of securities, such as stocks, bonds and commodities. The increase in supply leads to a decline in the ...
  6. Brazil, Russia, India And China - BRIC

    An acronym for the economies of Brazil, Russia, India and China combined. It has been speculated that by 2050 these four ...
Trading Center