How you pay for shoplifters' crimes - WAFF-TV: News, Weather and Sports for Huntsville, AL

How you pay for shoplifters' crimes

Posted: Updated:

Stores across the country report an increase in shoplifting around the holiday season. While you many think that only impacts the retailer's bottom line, shoplifting comes back to cost you.

The National Shoplifting Prevention Coalition reports that an average of $13 billion dollars worth of goods are stolen each year. Retailers have to make that money up somehow, and that usually means hiking up the prices on items you end up paying for.

In 2009, the Global Retail Theft Barometer reports estimated that shoplifting cost every American family about $435.

Employees at Mike's Merchandise in Huntsville said they've had to step up their game when it comes to catching shoplifters. They've installed more cameras, have undercover shoppers, and sometimes hire an off-duty police officer. In the long run, shoplifting has impacted how they do business.

David Barrow with Mike's Merchandise said, "One way is it effects what we pay for items because you have to take into account, is it an easily shoplifted item or not? You might be willing to pay a little more for items if they're nearly impossible to shoplift."

Copyright 2013 WAFF. All rights reserved.

Powered by WorldNow

1414 North Memorial Parkway
Huntsville, AL 35801

WAFF Is a Proud Member
of the Raycom Family of Stations

FCC Public File
EEO Report
Closed Captioning

All content © Copyright 2000 - 2014 Worldnow and WAFF. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.