Shoplifting, employee theft and check fraud top retailers' concerns.(Washington Perspective)(Brief Article)

National Petroleum News, October, 2004

In August, food retailers and wholesalers reported that shoplifting, employee theft and check fraud remained the greatest sources of annual losses, according to a report released by the Food Marketing Institute, the 2004 Security and Loss Prevention Issues Survey in the Supermarket Industry.

"Food retail and wholesale companies continue to make loss-prevention a top priority," said FMI Director of Education, Wayne Breckenridge. "By illustrating the areas of store operations that are most affected by theft, this survey enables executives to measure the effectiveness of loss-prevention programs. It also shows that companies are aggressively taking action to minimize future losses."

Shoplifting continues to be one of the most common and costly types of...

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