Search News

Results: 41-50 of 1098


Start again

29 Mar 2023

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.

27 Mar 2023

Up to 40% of shops will need to be reinvented into anything from go-kart tracks to food markets over the next five years or “wither on the vine” as demand for physical retail wanes,...

27 Mar 2023

‘Comfort’ (34%), ‘curiosity’ (28%) and ‘nostalgia’ (19%) are among the top feelings consumers experience when buying a new FMCG product, according to a new...

23 Mar 2023

The ACT has announced that the annual Local Bike Shop Day https://localbikeshopday.co.uk/ will take place on Saturday 29...

22 Mar 2023

A new 250-mile coast to coast cycle route set to launch in the south of Scotland this summer will be named after Kirkpatrick Macmillan, the 19th century Dumfriesshire blacksmith who invented the...

21 Mar 2023

Data from City Ratings, which ranks global cities according to how cyclable they are, lists Edinburgh as the UK’s top city in 12th place.

21 Mar 2023

Schools are being encouraged to sign up for The Sustrans Big Walk and Wheel 2023. The walking, wheeling, scooting and cycling to school challenge runs from Monday, March 20 to Friday, March 31.

21 Mar 2023

The Walking and Cycling Alliance (WACA) has written to the prime minister urging him to reverse the controversial decision to cut the budget for active travel schemes in England – a move...

16 Mar 2023

Industry experts and trade associations in the retail sector have been expressing their disappointment at the support offered to retailers in the Chancellor’s Budget.

15 Mar 2023

The UK home entertainment market enjoyed its tenth consecutive year of growth in 2022 to reach a record, according to figures published by the Entertainment Retailers Association.

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.”

Useful links

If you have any other queries please contact us.