Friday 23 July 2010

Degrees of theft?

(Pic showing 'thief-links' at Target)
News that police have told shopkeepers not to report thefts of goods less than £20 betray police misunderstanding of how retailing works.

A theft of £20, from a retailer making 2.5% net profit means incremental sales of £800 to recover the loss.

In other words, the same thing as telling householders not to trouble them with reports of burglaries of less than £800 a time…

Have a DIY-security weekend, from the Namnews Team!

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