New England store owners lose billions of dollars annually in stolen merchandise. In Massachusetts alone, shrinkage due to shoplifting reached approximately one billion dollars last year. While the largest spike in shoplifting occurs during the holiday season, April is also a month in which shoplifting is more common, as youth are usually on spring break during this time.
The majority of shoplifting crimes are committed by people ages 35-54. However, approximately 25% of all shoplifters are under the age of 18. This means that your store needs to take extra precautions during the month of April, when teens are out of school and therefore have more opportunity to shop – and potentially shoplift.
If you want to protect your business from an increase in shoplifting, or if you’d like to work to eliminate instances of shoplifting, take a look at the following tips. These actionable pieces of advice can ensure that your business remains as profitable as possible this April and beyond.