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Retail

Retail crime costs industry 1.9 billion pounds, more money put into cyber security

The total cost of crime and crime prevention for British retailers increased by 12 percent to 1.9 billion pounds last year - equivalent to approximately 20 percent of the estimated profits of the entire industry - according to a new report by the British Retail Consortium (BRC). The survey of 11,000 UK stores found that 900 million pounds was...

21 Mar 2019