A survey of retail crime and loss in the world says India has the highest retail shrinkage at 3.2% in the world. Retail shrinkage is the loss of products due to shoplifting, employee theft, paperwork errors and supplier fraud. The country’s retailers complain that the main causes for the US $2.6 billion loss are shoplifting and employee theft.
It's no wonder why they're over there in India killin' 'em considering the most popular security resource is the human security guard (the biggest fool), followed by CCTV cameras (basic bubbles) and EAS systems (beepers? really?). smh
It's also no wonder Hong Kong and Taiwan have the lowest rate in shopping theft. The stereotypical idea that the majority of the materials they make over there are unauthentic and cheap enough to buy answers the question as to why this might be so.[mashshare]