Theft, loss and fraud cost UK shops £3.4bn in 2012
Britain's shops lost more than £3.4bn worth of goods to theft, fraud or loss last year, according to figures from Checkpoint Systems.
That is more than 1% of the total amount spent in the stores.
Neil Matthews from Checkpoint Systems gave the BBC a breakdown of the figures and explained why retailers could not cut all crime.
"If they start locking products up, which they used to do, then they get a decline in sales," he said.
12 Nov 2013
- From the section Business