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SPAIN: summer rise of shoplifting predicted

RETAIL security specialists Checkpoint Systems estimated that shoplifting in Spanish stores represented a loss equivalent to 1.36 per cent of retailers’ turnover. But it warned that the loss could increase by 30 per cent during the summer season. Types of merchandise most at risk include swimwear and beach accessories as well as skin care products. Last year, the number of summer tourists visiting Spain rose by 7.1 per cent to 50.64m and a further increase is expected in 2015.

 

Red Point

Red Point

Although shoplifting as well as regular sales help to boost demand for suppliers’ merchandise, the loss incurred by retailers tends to reduce their capacity to place orders.

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