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.
  1. No results found.
Related Articles
  1. Small Business

    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.
  2. Insights

    5 Of The Strangest Items That Are Stolen

    Shoplifters have stolen some weird things. Here are some of the most bizarre.
  3. Insights

    A Guide To Returning Christmas Gifts

    The Christmas season can be stressful, but returning unwanted gifts can be even more stressful. Here are some tips to help you avoid the stress.
  4. Insights

    Should You Resell Toys At Christmas For Extra Money?

    It may put a few extra dollars in your pocket, but it isn't going to replace your primary source of income.
  5. Personal Finance

    5 Money-Saving Shopping Tips

    Reducing the amount you spend is the easiest way to make your money grow.
  6. Managing Wealth

    How To Master Online Auctions For Fast Cash

    Online selling is just as easy as in-person selling and can yield five to 10 times the profit.
  7. Personal Finance

    How To Use Price Adjustments To Get The Best Deals

    We take a look at 6 top retailers' price adjustment policies, and tell you how to get your money's worth.
  8. Insights

    How To Shop At Wholesale Retailers

    Have a plan and think twice before you venture through the sliding glass doors.
  9. Personal Finance

    How The Auction Market Works

    Here's a look into the online auction market and how to get yourself the best value possible on sites like eBay and Quibids.
  10. Small Business

    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. Straddle

    An options strategy in which the investor holds a position in both a call and put with the same strike price and expiration ...
  2. Trickle-Down Theory

    An economic idea which states that decreasing marginal and capital gains tax rates - especially for corporations, investors ...
  3. North American Free Trade Agreement - NAFTA

    A regulation implemented on Jan. 1, 1994, that eventually eliminated tariffs to encourage economic activity between the United ...
  4. Agency Theory

    A supposition that explains the relationship between principals and agents in business. Agency theory is concerned with resolving ...
  5. Treasury Bill - T-Bill

    A short-term debt obligation backed by the U.S. government with a maturity of less than one year. T-bills are sold in denominations ...
  6. Index

    A statistical measure of change in an economy or a securities market. In the case of financial markets, an index is a hypothetical ...
Trading Center