Shoplifting (also known as PIE theft, five-finger discount, or shrinkage within the retail industry) is theft of goods from a retail establishment. It is one of the most common property crimes dealt with by police and courts.
Most shoplifters are amateurs; however, there are people and groups who make their living from shoplifting, and they tend to be more skilled.
According to a December 23, 2008 article in the Pittsburgh Post-Gazette, Dimperio'...
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Shoplifting (also known as PIE theft, five-finger discount, or shrinkage within the retail industry) is theft of goods from a retail establishment. It is one of the most common property crimes dealt with by police and courts.
Most shoplifters are amateurs; however, there are people and groups who make their living from shoplifting, and they tend to be more skilled.
According to a December 23, 2008 article in the Pittsburgh Post-Gazette, Dimperio's Market, the only full service grocery store in the Hazelwood neighborhood of Pittsburgh, Pennsylvania, is closing because of shoplifters.
Retailers report that shoplifting has significant effect on their bottom line, stating that about 0.6% of all inventory disappears to shoplifters. In 2001, it was claimed that shoplifting cost US retailers $25 million a day. Observers believe that industry shoplifting numbers are over half of by employee theft or fraud and the rest by patrons. Of course, if apprehended during the shoplifting, the...
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