JOURNAL ARTICLE

Shoplifting, employee theft nip at retail bottom lines: High-profile employee theft incidents "embarrassing" as shoplifting generally rises in B.C.

  • Published In: Business in Vancouver, 2024, n. 1824. P. 7 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Korstrom, Glen 3 of 3

Abstract

The article discusses the rising issues of shoplifting and employee theft in retail businesses in British Columbia, particularly in downtown Vancouver. Factors contributing to the increase include the higher cost of living, pandemic-related challenges, and perceived lack of consequences for thieves. Organized crime involvement and self-checkout technology are also cited as reasons for the rise in theft. The article highlights specific incidents of theft, including a case of a former employee stealing laptops worth $2 million from a distribution center. Various strategies, such as security guards, self-checkout cameras, and body cameras for employees, are being implemented to combat theft in retail establishments. [Extracted from the article]

Additional Information

  • Source:Business in Vancouver. 2024/10, Issue 1824, p7
  • Document Type:Article
  • Subject Area:Law
  • Publication Date:2024
  • ISSN:0849-5017
  • Accession Number:180288233
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