Available 7 Days/Week       MON - FRI  8am - 7pm       SAT - SUN  10am – 6pm
Call us (239) 466-0400
Apply Now
  • Naples Mortgage
  • AP
  • Report: Shoplifting and Dishonest Employee Avg. Case Values Increased in 2020, says Jack L. Hayes International’s 33rd Retail Theft Survey

Report: Shoplifting and Dishonest Employee Avg. Case Values Increased in 2020, says Jack L. Hayes International’s 33rd Retail Theft Survey

WESLEY CHAPEL, Fla. /Florida Newswire/ — Jack L. Hayes International, Inc. released today the results of their 33rd Annual Retail Theft Survey which reports on over 184,000 shoplifters and dishonest employee apprehensions in 2020 by just 22 large retailers, who recovered over $81 million from these thieves.

Jack L Hayes International
“While temporary store closures due to the Covid-19 Pandemic resulted in fewer thieves being caught stealing in 2020, the average shoplifting case value increased 13.0% and the average dishonest employee case value increased 3.8% over 2019,” said Mark R. Doyle, President of Jack L. Hayes International, Inc.

Mr. Doyle added, “As expected, the Covid-19 Pandemic clearly affected apprehensions and recovery dollars in 2020, with shoplifting apprehensions and recovery dollars down 43.8% and 36.5% respectively; and dishonest employee apprehensions and recovery dollars down 20.3% and 17.2% respectively. However, those participant retailers designated as ‘essential,’ saw overall apprehensions rise 7.9% and dollar recoveries increase 9.1% during 2020.”

HIGHLIGHTS FROM THIS HIGHLY ANTICIPATED ANNUAL THEFT SURVEY INCLUDE:

* Participants: 22 large retail companies with 18,594 stores and over $500 billion in retail sales in 2020.

* Apprehensions: Participants apprehended 184,621 shoplifters and dishonest employees in 2020, down 41.3% from 2019. Note: “Essential” retailers’ apprehensions increased 7.9%.

* Recovery Dollars: Participants recovered over $81 million from apprehended shoplifters and dishonest employees in 2020, down 30.0% from 2019. Note: “Essential” retailers’ recovery dollars increased 9.1%.

* Shoplifters: 158,158 shoplifters were apprehended in 2020, down 43.8%; and over $49 million was recovered from these shoplifters, down 36.5%. Note: “Essential” retailers’ shoplifting stats were up 8.6% (apprehensions) and 15.3% (recovery dollars).

* Dishonest Employees: 26,463 employees were apprehended in 2020, down 20.3%; and $32 million was recovered from these employees in 2020, down 17.2%. Note: “Essential” retailers’ dishonest employee stats were up 2.7% (apprehensions) and 0.1% (recovery dollars).

* Case Averages:
– Total Thefts: $440.48, up 19.2% in 2020
– Shoplifters: $310.11, up 13.0% in 2020
– Employees: $1,219.61, up 3.8% in 2020

Full survey results and some thoughts behind the numbers are available at: http://hayesinternational.com/news/annual-retail-theft-survey/.

ABOUT JACK L. HAYES INTERNATIONAL:

Jack L. Hayes International, Inc. is a leading loss prevention and inventory shrinkage control consulting firm, and for over 40 years has provided a wide spectrum of Asset Protection, Inventory Shrinkage Control, Loss Prevention, Safety, and Security related services to every facet of industry including retail, manufacturing and industrial organizations.

The post Report: Shoplifting and Dishonest Employee Avg. Case Values Increased in 2020, says Jack L. Hayes International’s 33rd Retail Theft Survey appeared first on Florida Newswire.

Florida News Wire

#floridakeysmortgage, #lowerkeysflmortgage, #lowerkeysmortgage, AP, Business, Business News, Featured, Fla., Florida Business, FLORIDA NEWS, inventory shrinkage control, Jack L. Hayes International Inc., loss prevention, Reports and Studies, Retail and Franchise, Wesley Chapel

mortgage lender, mortgage, naples mortgage, naples mortgage rates, napes mortgage company

*Assumes 2.799% APR, 20% down payment, and conforming 30-year fixed rate first mortgage on a single family, primary residence. The monthly payment you enter includes only principal and interest. Additional required amounts such as taxes, insurance, home owner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Not all individuals will qualify for a mortgage loan based on the payment entered. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice.  **Posted APR is based on Mortgage Assumptions
 
Copyright © 2021 Fidelity Home Group supports Equal Housing Opportunity | All Right Reserved  | NMLS Identifier 1834853. Fidelity Home Group is not affiliated with the Department of Housing and Urban Development (HUD) or the Federal Housing Administration (FHA). Not intended for legal or financial advice, consult your own professionals if such advice is sought. Accessibility Statement  | Consent to Receive Electronic Loan Documents  |  Cookies Policy   |  Disclosures  | Email and Mobile PolicyFair Lending Policy  |  Mortgage Assumptions  |  NMLS Consumer Access  |  Privacy Policy  |  Terms of Use 

Naples Mortgage | Fidelity Home Group
780 Fifth Avenue South, Suite 200, Naples, FL 34102

Hours of Operation:

Monday - Friday 8am to 7pm EST
Saturday - Sunday 10am to 6 pm EST

naples mortgage, naples mortgage rates, naples mortgage lender, naples mortgage broker, naples mortgage calculator, mortgage broker near me