Indians top shoplifters' list: Survey
If a survey conducted by the Centre for Retail Research in Nottingham , UK , is to be believed, Indians are the topmost shoplifters in the world. It is the collective innocuous acts of shoplifting that has been the driving force behind India topping the infamous list for the third time in a row. The Global Retail Theft Barometer survey for 2010 revealed that the Indian retail sector has a shrinkage rate—a reduction or loss in inventory due to shoplifting, theft and process failures—of 2.72 percent amounting to a loss of approximately `9,296 crore. Of this 47.3 percent (roughly `4,397 crore) was due to shoplifting and the rest due to the other mentioned reasons.
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