Rising cost of retail crime estimated to cost $2.6b
Retail NZ survey of almost 300 shop owners finds over 90% have been affected by theft, fraud and aggression in the past year.
Retail crime is affecting more and more shop owners, today’s survey says.
A Retail NZ report released this morning says retail crime cost the economy $2.6 billion in the year to August 2023, if wellbeing, lost stock and the cost of efforts to curtail crime were all taken into account.
Some 92% of 297 respondents who took part in the two month survey held between July and
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