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Q: Value of items shoplifted ( Answered 4 out of 5 stars,   1 Comment )
Question  
Subject: Value of items shoplifted
Category: Business and Money
Asked by: lahore-ga
List Price: $30.00
Posted: 02 Jun 2004 17:13 PDT
Expires: 02 Jul 2004 17:13 PDT
Question ID: 355598
What is the range of value of most items shoplifted from a retailer
such as Wal Mart?
I suspect that most of the shoplifting is for those goods ranging in
value from $10 to $200.  Less expensive is not worth the risk and more
expensive is probably too big to hide while getting out of the store.
I will guess that 80% of all items shoplifted cost between $10 and $200.

Request for Question Clarification by easterangel-ga on 02 Jun 2004 18:49 PDT
Hi!

I can only find a price average not a specific price rnage. Will this
be ok as an answer?

Thanks!

Clarification of Question by lahore-ga on 03 Jun 2004 05:11 PDT
An average price would be acceptable answer to this question.
Thanks
Answer  
Subject: Re: Value of items shoplifted
Answered By: easterangel-ga on 03 Jun 2004 05:31 PDT
Rated:4 out of 5 stars
 
Hi! Thanks for the question.

It seems that your assumption is correct. However different surveys
show some difference in the amounts.

Hayes International pegs the following average prices of items
acquired through shoplifting.

2001 - $111.46
2002 - $115.24

?SHOPLIFTING?
http://www.hayesinternational.com/ts_shplftng.html 


?The report indicates that the average dollar loss per incident for
EMPLOYEE THEFT is $1,341.02 and $207.18 for SHOPLIFTING?

?Crime Statistics?
http://www.domesticspy.com/crime_statistics.htm 


Getting a specific range is really quite not appropriate in
shoplifting since it happens in different environments. It could go
from $3.68 to $412.97.

?Nationally, the most frequently stolen items (at least those
confiscated from shoplifters) are tobacco products, athletic shoes,
brand name apparel, designer jeans and intimate apparel, health &
beauty aids, videos & compact discs. It is well documented that
shoplifters target merchandise either for their own consumption or for
a quick conversion to cash, so the items most frequently stolen tend
to be expensive and in high demand.

The study indicates that the average amount of theft per incident was
$56.67, but the statistics probably have more relevancy when examined
by retail vertical market. For example, the average theft in a drug
store was $3.68, but in a consumer electronics/computer store the
number jumped to $412.97!

?RELATED ARTICLES ON SHOPLIFTING?
http://www.diogenesllc.com/shopliftingarticles.html 


Search terms used:  
shoplifting statistics figures

I hope these links would help you in your research. Before rating this
answer, please ask for a clarification if you have a question or if
you would need further information.
                             
Thanks for visiting us.                              
                              
Regards,                              
Easterangel-ga                              
Google Answers Researcher
lahore-ga rated this answer:4 out of 5 stars

Comments  
Subject: Re: Value of items shoplifted
From: michels-ga on 27 Jun 2004 15:22 PDT
 
The average Item wold have to be very low like $10-$30 range because
per incident the average total theft is $56




http://www.retailresearch.org/crime_and_fraud/shoplifters_hit_parade.php

1.	Gillette razor blades 
2.	Alcohol (mostly 'pouring quality' for sale to pubs): Scotch such as 
        Jameson, Teachers, Bells, Grants, Jack Daniels and Jim Beam;
Vodka     and Bacardi
3.	Toiletries (including Oil of Olay and Lynx), cosmetics, fine       
   fragrances
4.	Clothing and lingerie 
5.	Batteries (mainly Duracell) 
6.	DVDs, CDs (particularly Rap and dance music) and computer games 
7.	Pills, vitamins, contraceptives and pregnancy testers 
8.	Electric toothbrushes, Braun gas cylinders 
9.	Instant coffee (Nescafe) 
10.	Steak and packs of meat 


www.retailernews.com/1198/unise118.html

?Nationally, the most frequently stolen items (at least those
confiscated from shoplifters) are tobacco products, athletic shoes,
brand name apparel, designer jeans and intimate apparel, health &
beauty aids, videos & compact discs.
It is well documented that shoplifters target merchandise either for
their own consumption or for a quick conversion to cash, so the items
most frequently stolen tend to be expensive and in high demand. The
study indicates that the average amount of theft per incident was
$56.67, but the statistics probably have more relevancy when examined
by retail vertical market.
For example, the average theft in a drug store was $3.68, but in a
consumer electronics/computer store the number jumped to $412.97! ?

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