Newspaper: Czechs have highest retail crime rate

11-09-2010

The Czech daily Mlada fronta Dnes has reported that the Czech Republic has the highest retail crime rate in the European Union. Citing a survey by the British agency Centre for Retail Research, the newspaper said that goods worth 9.8 billion crowns (or 374 million euros) disappeared from store shelves last year. According to the survey, losses by Czech firms averaged 1.47 percent of overall turnover in 2009. Shoplifting accounted for more than half of retail crime, while theft by employees was also a major factor. Store items stolen most often are clothes or fashion accessories, followed by alcohol and small foodstuffs and items from book stores such as special edition comic books.