With mine, mar, and the engine dont move for long. Open warning about the influx of fi, ford, from across the border. Now remember, money also is home to one of the oldest running incident, sees in south asia and the sound rightful. The old is found, the latrine force in india has been responsible for operating as a peacemaker and protector of money for trying to unite money for, for many, many decades. No laws off to money for Police Registered a case against the sound rifle. The indian army came out in support of the several millage c fours. Now important to know too that the Indian Ministry has administrative control of the sound rifles. Why live in do an army . Has the operational controller . Some inimical elements have made desperate, repeated, and failed attempts to question the role in tents and integrity. The Central Security forces, especially as time rifles that are working relentlessly to what saving lives and restoration of peace in medical. Since the 3rd of may for 3 months, more than 1. 00 to 2. 00 pieces that causes displease and yet while in some money for is no team console. And then who accountability either. Now the ethnic systemic widens the full 2 lines of money for all decades, or for the fresh, around the ones to see us. In 2023 has been particularly the worry some now while in india, the top quote, the top investigating agency is looking at some cases. But experts believe the needs are the are, is for the forces on the grounds to Work Together to stop this with roofing while. All right, and that is look at the news for now. But for the latest developments, be sure to follow us on x, formerly known as twitter, you wont regret it. I for now the most afraid of robert f. Kennedy junior. Well, apparently everyone in the political establishment and mainstream media, its very much like donald trump. He says, what he thinks liberal society is be dead for junior is fear, because hes fearless loss is an everyday part of the Retail Business and usually budgeted for. But when sales are suffering, if it comes on sustainable for businesses to keep the doors open, if theyre now experiencing higher and higher rates of best to me, tailors have been battling unprecedented losses. Where on average, they saw a 27 percent increase in organized retail crime incidents and 2021. Beyond that 8. 10 retailers also reported that violence and aggression were associated in the incidents. Im christy, and youre watching the cost of everything. Where today were going to be looking at the costs assessed and how these costs are eventually passed down to you. The fees target is we can see a little removable valuable disposable items. And the top categories of items that are being stolen in the us include apparel, electronics, health, and beauty accessories, footwear, and e. 6. Retailers from walgreens to walmart has said that theyll be forced to raise prices or shutter effect of stores if Law Enforcement does not crack down on theft. Target has said and lost over 400000000. 00 in 2020 to do 2 stuffed alone. And then america stolen merchandise cost retail is 94000000000. 20 which is up from 90000000000. 00 a year before a survey showed that 37 percent of retailer frank is due to external stuffed, followed by employee or internal sept. A 28. 5 percent and then process or control failures, a 25 percent to recently a group of 14 individuals barge into a leave, a ton of illinois where customers were, is still inside and then drove away with over a 100000. 00 worth of merchandise that same month, a group of 18 broke into a nordstrom in los angeles with a sledge hammer and made off with several thousands of dollars and merchandise. And on top of this online marketplace is like amazon, craigslist, ebay, facebook marketplace. They have enlarged the market for stolen goods, criminal rings, recruit people to steal from stores and exchange for drugs or small payment. These boosters may steal from multiple Stores Across state lines. And right now, this type of crime pays very well to the boosters and the people orchestrating it. Cities like San Francisco and new york city are epa centers of theft as shop lifting. Complaints has surpassed pre pandemic levels for the last 2 years. In San Francisco executives point to the 2014 ballot that we classified a non violent test as misdemeanors for goods valued a less than 950. 00 in new york. Some of the uptake had been tied to the 2019 bell reform that encourages judges to use the least restrictive means to compel people to return to court. And while loss is budgeted for store owners do not simply absorb these costs. The cost of shoplifting is usually passed on to the consumer in the form of higher prices. When someone shop lifts a retail item, the store must recover the entire cost of the item rather than the stores profit margin on the lowest inventory. The amount a store must recover depends on its profit margin and the cost of the shoplifted item. So for example, Grocery Stores commonly operate on a one percent profit margin. That means a Grocery Store must recover a 100. 00 for every 1. 00 worth of shoplifted inventory. And for every 330. 00 worth of products stolen, the retailer has to sell an incremental 300000. 00 worth of goods in order to break even. Besides analytics show that harsher penalties do very little to prevent crime even if there is a severe punishments like a potential felony in which you will spend a year in prison. It is not an effective deterrent. Instead, people are much more likely to respond if they feel theres a high likelihood of getting caught and swiftly punished. And for more on the cost of staff will bring in, janelle alvarado, retail experts and consultants. So janelle, how does the prevalence of stuffed and shoplifting in the us compared to other parts of the world . Yeah, well right now the retail crime rates are a hot topic. Were seeing a search in the us specifically, canada is also experiencing an uptick, but not as much as we see it more prevalent in the us. So the, those are some of the things that we have noticed thats going on in the, are a lot of different avenues that the government, both canadian and then also on the president ial side where theyre trying to figure out how can they help retailers. And how could they assist in preventing the retail staff . Because at this point, its something that retailers are unable to do on their own. They need some outside help to help address because this is becoming, you know, a continually 1000000000 dollar, retail staffed heis that are also happening as well. Crime rings that are help happening. And then with the prevailing of online retail, the has to be more intervention is needed to help assist with decreasing the rates that are searching. And now what are some of the factors that contribute to higher stuff rates in certain regions or countries . Yeah, when it comes to europe, theyre also experiencing issues with retail crime. Were seeing it is still us is definitely number one. The 2nd one would definitely be the u. K. And then canada is behind that. So a lot of the economy issues, when it comes to jobs, theres been job losses due to the cobit pandemic. There are people are also struggling to find jobs that otherwise used to exist with the rise of a i and different kind of Artificial Intelligence that is being used in retail to make it harder for people with lower incomes to grab the jobs. But otherwise were available, so were seeing a lot more Self Checkout rolling. Now were seeing a lot more tech uh, taking over a lot of those uh, entry level jobs, which is also making it harder for the economy to kind of get back to how it was. So things are really slow. Theres a slow growth when it comes to people being able to purchase as much as they could before. So were seeing people worldwide are starting to struggle with even getting those Bare Necessities that they need in their household. And how does that impact businesses financially and what are some effective strategies for Loss Prevention . Yeah, one of the main issues that were seeing is um, especially in the us, is retail crime rings. So these are the big, orchestrated crime units of people who are in the business of dealing. So whether that is from warehouse is even from the truck. So it really has a whole logistical side to it. So its not just in the stores, it is across the supply chain. So one of the ways that retailers can help with the Loss Prevention is just to make sure that they are having not only cameras with in the stores, but also they need to be monitoring the people who are in charge of the logistics. So the drivers, people who are bringing the merchandise, theres been major cases where big retailers and big brands, such as 19 others. They found trucks load of merchandise, one with a 1000. 00 of merchandise stashed away in warehouses. So one of the main things is to always consider that there is a whole chain of areas. Another big concern happening is the development of omni channel. How are we connecting the physical stores with the online store . Right . So there are other things that in online you have to deal with when it comes to Loss Prevention. That could be credit card fast, right . Fraud, a different kind of ways that people are stealing and buying goods. Weve also seen this recently in the news. There is a couple stories that are out talking about employees who are actually utilizing these credit cards schemes, wellbeing, an employee, and stealing from the online portion of their website for the company they work with. So Loss Prevention needs to go from all all cycle up to the retail chain to really prevent it moving forward. How does that affect the overall economy . Yeah, overall it makes it, you know, the costs always gets put back onto the consumer. So, you know, um someone stealing product and leads to lower inventory of the product in the Retail Stores, they carry a lot of brands. They also have their own, you know, private label brands. But it is the brands who product is being sold. Who will have to take, you know, take that bullet. So those brands then, if a lot of their product continues being stolen, you know, the retailer doesnt cover that. Its the, the other brands that have to cover those, that loss. They make up their price or they might stop stocking the products theyre altogether. And if this issue continues with multiple brands, then they may look at the retailer. Itd be like, hey, you need to figure something out because its not just our product multiple products. And thats where were actually, the retailers leave certain area. So quite a few retailers have left San Francisco in california due to the crime rates, the growing job. You know, of the loss of so many jobs, so theres high and unemployment. So theres so many things that the retailer can only do so much. And if they dont have enough assistance, they just leave because theyre not only hearing it from customers who maybe dont want to see product locked up. Theyre also getting it from the brands who are wondering why do we have to keep covering the cost of loss merchandise. So its coming on all angles for the retailers engine out. Can you discuss any significant differences and stuff patterns or trans between brick and Mortar Retail stores, an online retailers . Yeah, i would say some of the growing trends happening. Well, i would say uh when it comes to the brick and mortar a lot of the larger retailers. So we would consider more big box or known for having big uh, Square Footage footprints. Also, we call them anchor store. So you can think about like this or the h and um, the best buy, all of those stores are trying to figure out new ways to create smaller concepts. So thats something thats new thats happening. So they may be closing down some stores, but they will be repositioning those stores elsewhere into smaller formats. So its almost though the ones that are surviving as retailers and maybe closing down their openings. Im still at a good rate, but its a different type of format. Theyre trying to cater to the younger generation. Degeneracy, the millennials, the people who maybe rather go in just for the experience of going in and maybe some sort of a bad, maybe theres influencers, maybe theres a Product Launch that, you know, theres only a few items in a, b to line up for, but not necessarily a place where people will come to read and browse for hours anymore. So thats some changes were saying for the brick and mortar. On the online side, we are seeing a lot more marketplace is become, you know, at the forefront. People still prefer to buy for a marketplace is because theyre more trustworthy. We do talk about retail staffed, but then theres also a lot of online scams on the other sites. Its not just the consumer. Sometimes there are, you know, sellers out there who are trying to make quick money and then close down their store. That its also been something ive seen on the consumer side. They might order products and they go in the websites called the next day. And they are out of their money. So were seeing a lot people trust marketplace is were seeing more curated. So if we think about amazon, push mark, all those type of, you know where you can go, what are you thinking seller and theyd be, have the readings and stars. Were seeing people right now, put their money in more trustworthy places. Then just, you know, the one off store because theyre just been so many stories where if you dont have enough information on it, it may not be a credible business to buy from. Thank you so much to now alvarado, for all of your time today. And when we come back, lets see what shoplifting is like, in other countries the, [000 00 00;00] the, [000 00 00;00] the shoplifting is much worse than breton then in europe as a result of Grocery Price inflation hitting record highs, making it more and more difficult for consumers to afford the mere basics in the u. K. Incidents of shoplifting have increased 18 percent in 2022 cost in the british economy. 660000000 pounds stores that use anti stuff devices on pricey items have now shifted to protect unlikely items like butter cheese detergent and even protein bars. Criminal seek low risk, high reward targets in the u. K which include high profile food robberies where cargo and delivery trucks are being targeted. These items can be sold at bigger margins and the alternative markets, and a harder to trace because they are consumed quickly. One incident involved demand using a power tool to break in and steal 200000. 00 cadbury cream, ex of food and drink. Now make up to 70 percent of cargo tests in 2022 in the u. K. Out of the over 5000 freight crime in the country, especially at the time when ports are congested. Goods can be left up to pile in unsecure locations. A saft from a warehouse or port that is experiencing overflow becomes much easier to pull off. There are hitting costs through these steps, which include insurance, company costs, policing retail values that can be anywhere between 4. 00 and 9. 00 times the value, last brand and reputational damage, damage to trucks and holding companies, etc. In total, it is about 700000000. 00 pounds per year just from cargo crime. When 10 years ago, it was only 250000000 pounds. In south africa, the acute Energy Crisis has effected all aspects of society and contributed to a huge escalation and the level of criminal activity and theft. The power cuts added to a significant increase in all robbery categories, especially property, crime, and welfare areas. As criminals take advantage of the fact that many homes and Business Security systems are compromised, these robberies tend to be more prevalent in poor urban areas in the country where residents cannot afford to install security systems. Copper is now the new gold, and anywhere it can be found is fair plunder. The sale and export of scrap copper is carefully controlled by south african officials. But because copper is the worlds 3rd most use metal and once melted down, its origins becomes virtually on traceable. Prices have reached a high of almost 9000. 00, a tonne on International Markets in 2023, making copper stuffed, a lucrative payday. These guys Work Together to hack down telephone poles, dig up underground cables, hit train stations and industrial warehouses to rip out more than a 1000 kilometers of overhead cable at a time. The cost of crime as high as not only does it directly impact businesses, but it also impacts the whole society as well as basic infrastructure like Telecommunications Companies and industrial warehouses go offline from these attacks. Meanwhile in japan, stuffed and robberies have an incidence of only 1. 00 per 100000 people, which is a tiny figure compared to france at 43. 00. Germany at 43. 2 and the high 278 in the us shop lifting in japan is one of the most commonly seen crimes in japan and is punishable as stuffed by up to 10 years and present or a fine of up to 5000. 00 us dollars to interestingly enough, while the us criminals target electronics and luxury brand names, the u. K. Targets food in japan, one of the biggest burglaries in was over poke among cards in tokyo, there had been 5 burglary cases targeting trading cars in 2022. Where a poll came on and other collectible cars were stolen from several stores for a total of approximately 8500000. 00 yen. As a 2nd hand car gain marketplace skyrocketed. And for the applicant perspective, we turn to clinton is all on kenya. He is an International Relations analyst. So clinton, for many westerners, the image remains that in kenya and africa and general depth and muggings are very common police. The district seem to bear this out. But do you think that its a Fair Assessment . I dont, i think 1st of all, i mean its important to note that after grades 54 countries and some of these countries, the different dynamics. So in this country do what 7 countries, whether i should status, whether we to do the typical country like maybe set africa, nigeria and the like over see do by the millions of people. So gen maybe yeah. Introduce is of crime and the like, im going to be higher. But in most parts of africa, where from deluxe the, to kindly to do that, to lean on more in certain parts, its almost that you dont see a Violent Crime is non existent. So i think that assessment event for you. I dont think that most african cities are any more dangerous competitive be 2 cities of the same size, you know the parts of the world. So um, well i can see that it depends on where one is. I mean, is big city, are they in is mostly do, or they need ro, an. So those are the dynamics that have play, which i believe that you quoted the same day. That means most parts of the world cause i believe, to say, why dont happen if somebody showed you up in the dont mean youre in downtown, maybe land. I know probably you almost like to be with close to crime. That if youre in the real part of the same country on a small town. So these are the same things thats happening. I forgot how common is stuffed in kenya, an applicant nations. And is it fair to generalize . No, not much. Not much. So i think its fair to home, to the 9, the exceptional situation where i dont think itd be possible for anyone to try to do from what i say to reach out on for something months where most of the Retail Stores located is ready to cause. All of the in the past, that is a tax on with that type of destruction laws. So that quote, for the pickup security. So for you to get into a shopping mall, you can yeah. You go through security, which is almost the same as at the airports. You will have to be to go through a metal detector, your pads have to be scanned or so on. Most of these, sucking laws about maybe the maximum of lights. Yeah. For exists which im lined by security guards. Yeah. It has to do with these information that you go through. So if you try to becomes broder had for one to to still for like i say after to have a different but instead of the parts of the country. Yeah. Oh, the continent the conditions are different. So yes, it is a map people trying to do from self, whatever they do it by the main isolated is it is most of these uh that the big stores will probably record a maximum of maybe 10 to 50. So hes not like a very widespread thing and how do people take safety into their own hands and defend their property of valuables and can yeah, yeah. So i would say, well, their products, they do the best. But then they also sprint in what state and cases and 7 countries. And like i said, for 5 years of country by country. So i find that they do not have adequate resources. So for you, since you had quite a police and maybe a ton of 100000 people will have like the Police Station theyll have like 4 vehicles. So it means youve got a big was already engaged. That what it is funny to settings it is each might take a while for the police to respond to new york, if not because they dont want to do that job or the electricity by simply because they mix it into such as to be able to this point quickly and efficiently. They those resources incentive cases that ive seen. So i say thats why dont be, you know, one of the causes of maybe the Law Enforcement in africa being a bit slow and even like the Justice System because you find that access to resources is too limited in many places. Thank you. Clinton is all for all your time today. We tailors are implementing many strategies to red loss and mitigate risk such as hiring extra security stuff, installing security cameras, and investing in costly ref, id systems. These are a 5, these can be utilized in many ways, not just beeping, if you exit the store without removing the tag, but it can also help to manage and track inventory in the supply chain and locate stolen products. But these intelligence base Loss Prevention systems are costly, extra security personnel and surveillance equipment are typically also passed down to the consumers in order to offset these expenses. So while the stores are be the losers being robbed at the end of the day, that cost will be ultimately absorbed by you, the ultimate loser of this. So it is true in this case that one bad apple will totally spoil the bunch for everyone else. And creates a much less fun shopping environment where everything is behind security tags and cages. Im christy. I thanks for watching. And well see you right back here next time on the cost of everything the a day. And this is new and never done with trigger for general escape. That means National Governments come into the economy much maybe into that and then it goes. But you do take that. Yeah. Because of the 22. The 11th and yeah, i just wanted to come back and get it to us on the move to stand my son. He died in the me not know a mess and hes sick of that. And sick on the status, i need you to turn. This is a full be ready to turn, just is 75. I mean, so that interest that your home phone go off the top are likely to get pretty loud as the lot about you said through the resume. And this will be to pretty much the most important loans or so we have this to move on tenderness in the united states. Weve exported it now to the world because its a Multi National corporations. And weve been damaged to believe that babies needs to be nurtured and cared for and loved. And, and so youve got a whole bunch of traumatized people all over the world. The post Traumatic Stress disorder that dont owe money to the military leadership in these air forms a new government consisting of 21 members to lead the west africa, nations and legs declassified documents obtained by an American News outlet reveals Washington Post a tribute pakistans, former Prime Minister in wrong con, from power last year, and a following, a spot of ethnic and violence in indias eastern men of her region. Police opened a criminal case against the countrys oldest apparent,
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