The Economy: The Effects Of Shoplifting On The Economy

Shoplifting is a prevalent crime within the United States that must be controlled by risk managers. During December of 2009, a Foot Locker in Atlanta, Georgia was robbed when “police arrested two adults and four juveniles in a smash and grab job.” (CBS Atlanta 1) Unlike employee theft, customer theft is limited to the $1,120,000,000 in merchandise inventory (“Balance Sheet”). Although the inventory and cash could potentially be recovered from the employee(s) or customer(s) through a lawsuit, as a risk manager I would need to take preventative action.

The past year has seen a huge jump in metal thefts, with a rise in the price of metals such as copper and lead being blamed. The rise is being driven by global demand prompted by China and other booming economies.

I believe that if I were in that situation, I would try not to steal unless it became a life or death situation for me, or anyone that depended on me. I would try to avoid looting because I know that it would be intentionally harming the company that I was looting for, and also the community, both the economy and the reputation. Nonetheless, I believe that human lives are worth more than the stolen merchandise. If I or someone who depended on me were on the brink of death, I would steal from local stores to protect

If you were in charge of the Organized Retail Theft Unit for your business, what would be your strategy for combatting the organized groups stealing from your company? If you were in charge of the Organized Retail Theft Unit I would steal the items of necessity. Items that people as humans couldn’t live without and also items that attract people attention. By taking these items, I feel like they have a better chance of selling.

This surprised me, because it shows a real problem that these people face, they are addicted to stealing, rather than spending the time involved in stealing to use instead to create a legitimate and legal way to attain these things. The article said that the most reported reason for shoplifting were things like the thrill involved. In the study only 12.8% of people stole because it was something they needed and couldn’t afford (95). The rest of the reason were things around peer pressure, compulsion, or impulsive acts or dares. This shows that many people steal to fill emotion needs, not economic

Many shoplifters say that the rush of shoplifting makes them want to do it again. Two young children, a hot summer day. They wait in the car. Little do they know that their nanny is in the store, shoplifting.

On 12/15/2017 at approximately 2213 hours, I, Officer Green responded to Belk's Department Store at 2800 Highway 90 for a shoplifting complaint. Upon my arrival, I spoke to the store manager, Kathy Blessey.

Shoplifting is a plague that is sweeping this nation. Because shoplifting has become such a problem, stores are forced to raise prices to make up for lost sales. This is not their fault, however, few people put the blame where it belongs. The thieves that plague our economy are to blame and the stores have every

Walking down the main street in most towns you will see photographs of shoplifters in the window headed up as 'wanted'. This relates in history to the Wild West where they had the 'wanted' signs for the bank robbers. New Zealand retailers lose approximately between one and two million dollars everyday to shoplifting theft. Due to this shop owners are having to raise their prices by a chosen percentage in order to compensate for the loss due to shoplifting. This means that the honest members of the public may be paying up to $5 more on a product usually $20 just to compensate for shoplifters. In extreme cases small local businesses may close and chose rather to sell online, depending on the trade. This will result in a loss of jobs and have an effect in real estate because there won't be as many shops being

On May 8, 2018, at approximately 1634 hours, I Deputy Sheriff Javion Brown responded to Winn Dixie, 100 International Parkway, Lake Mary, unincorporated Seminole County in reference to an over with shoplifting. Upon arrival, I made contact with Managers Ashlee Beckham and Edward Bowers, who provided me with a sworn written statement.

Stealing is just plain old wrong, but still that doesn’t stop people from doing it. They don’t take the time to realize the amount of trouble that they’re getting themselves into. Or maybe they just don’t care, but they really should. Stealing has no excuses, explanations, or anything, because when you get caught that’s it.

Shoplifting is defined as taking items that does not belong to you from a business. Shoplifting is similar to burglary, but with the difference that shoplifting does not involve entering into a building illegally. When shoplifting is taking place, the suspect is secretly taking items from a business without threats or violence. Likewise with burglary, the youth of the community find their lives to be more roomy than usual; which allows them to engage in such drastic activity. At the age of 14, Caleb and Jhai'Tarrance thought it might be a good idea to steal such items such as chips, candy, sprites, and powerades. "We needed snacks for our away football game and we had no money", stated Caleb. The police officer decided to suspend the two from their football game, and their upcoming events involved with the school. Caleb and Jhai'Tarrance were surprised with the Police officer's actions. They thought because of their age, they would not get into big trouble and would be able to get away with committing a crime. Some of which was true. The law states that you cannot be charged as an adult until the age of 17. However, at age 14, you still face consequences for participating in illegal activities. Shoplifting is just as bad as any other crime. From my most recent research, I found that unlike burglary, shoplifting's percentage of

Great post this second week of class! I can totally agree with you when you say that shoplifting is a global problem not only in the holidays but also in our everyday life. There have been multiple cases that I’ve seen on the news telling the public to be careful when they order anything online. I remember there was a timeframe where a lot of packages were being stolen from UPS and USPS right after they were dropped off at a person’s home. A victim that had a camera in their porch filmed when UPS dropped off a package and minutes later a stranger picked it up and left with it. “Adell estimates that 20 percent of package deliveries fail on the first attempt in urban areas — even higher in some neighborhoods. He says roughly two million packages

In my humble opinion, I will say that anybody who is involve in any type of criminal activity whether it's White-collar crime, Black-collar crime, even Shoplifting-collar crime all is the same must face the ppunishment. Furthermore, all of their assets should be confiscated including the one that was transferred into any family members banks. On the same note, the law should equally hold the family members accountable for participating in fraud actives. It is very disheartening to see how evil and selfish some people can be; which makes me to wonder how such people are able to sleep at night. For example, Bernard Madoff who defrauded thousands of investors their 65 billion dollars, but was later caught and sentenced

According to Matys (2016), food theft is a social problem. Food insecurity is a result of poverty and low income. As the poor lacked of means to acquire food, risky coping strategies were used, for example, selling sex for money and food. In majority, cheese and meat are two of the items that were always stolen (Robinson, 2013). In general, capitalism lead to crime, social class exploitation and inflation leads to the food theft when it comes to explaining specifically. According to Tang and Lean (2007a), inflation would gradually reduce one’s capacity of purchasing in society. Therefore, inflation increases the rate of crime in long run. Proletarian require the least of power and money, so they can only use labor to exchange for the money