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Exploring Retail Crime Trends: Impacts and Insights

The 2022 Australia and New Zealand Retail Crime Study is a game-changer for loss prevention specialists and the retail community. The study offers a contemporary academic and statistical analysis of current crime trends.

 

Cost of Retail Crime: 

The cost of retail crime to ANZ  $ AUD 
External theft  $2,292 million 
External fraud  $612 million 
Total external loss  $2,904 million 
Internal theft  $1,044 million 
Vendor fraud  $350 million 
TOTAL crime-related loss  $4,298 million 

 

Items Most Stolen: 

Retailer  Top Items Stolen 
Supermarket / Grocery / Convenience 

 

 

  1. Fresh meat 
  2. Facial creams 
  3. Tobacco 
Sports and recreation stores 
  1. Sports-related clothing 
  2. Smartwatch/fitness trackers 
  3. Footwear 
Pharmacies 
  1. Perfumes and fragrances 
  2. Facial creams 
  3. Make-up products 
Hardware Stores 
  1. Power tools 
  2. Non-powered hand tools 
  3. Batteries 
Apparel and fashion 
  1. Denim 
  2. Everyday basics 
  3. Fashion accessories tied with lingerie / intimate apparel 
Department store 
  1. Make-up products 
  2. Perfumes and fragrances 
  3. Sports-related clothing 
  4. Denim 
  5. Facial Creams 
Discount department stores 
  1. Make-up products 
  2. Tablets / iPad 
  3. Sports-related clothing 
  4. Connection devices (e.g. Bluetooth etc) 
  5. Fashion accessories 

 

Latest News

CIRCO Circular Business Design Workshop
Following a successful launch in Victoria, the ACE Hub is expanding the CIRCO Circular Business Design Workshop across Australia. In 2024, teams from Officeworks, Coles, Reece, Bega, Eagle Lighting, Barwon Water, Godfrey Hirst, and Adorn joined the program. Now, businesses nationwide can access this proven training. CIRCO helps companies understand their value chain, identify lost […]

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Elevate Your Holiday Sales
The holiday season is fast approaching, and it's time to take your business to the next level with TikTok Ads!

Projects

Qirkz in the Hunter
Boosting a number of small local business suppliers and musicians, this grant was awarded to produce and run a 30 second and 15 second corporate tv commercial.

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