In 2017, the retail sector in Belgium lost approximately 1.4 billion euros as a result of retail crime. Losses were particularly high in the food retail and cash & carry sectors, which alone accounted for roughly one third of the total loss.
Estimated economic loss of retail crime for companies in Belgium in 2017, by business sector
(in million euros)
The source adds the following information: "Shrinkage = “The difference between the stock a retailer thought they had and what they actually
counted or valued in their physical locations”. However, the definition is not homogeneous and accounting for shrinkage may be a challenging exercise. As
part of this study, retailers were asked to provide the shrinkage figures recorded in stores as a percentage of turnover, calculated at sale price without taking insurance payouts into account."
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Catholic University of the Sacred Heart or Catholic University of Milan, & Checkpoint Systems . (June 20, 2019). Estimated economic loss of retail crime for companies in Belgium in 2017, by business sector (in million euros) [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/1063049/economic-loss-of-retail-crime-in-belgium-by-sector/
Catholic University of the Sacred Heart or Catholic University of Milan, und Checkpoint Systems . "Estimated economic loss of retail crime for companies in Belgium in 2017, by business sector (in million euros)." Chart. June 20, 2019. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/1063049/economic-loss-of-retail-crime-in-belgium-by-sector/
Catholic University of the Sacred Heart or Catholic University of Milan, Checkpoint Systems . (2019). Estimated economic loss of retail crime for companies in Belgium in 2017, by business sector (in million euros). Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/1063049/economic-loss-of-retail-crime-in-belgium-by-sector/
Catholic University of the Sacred Heart or Catholic University of Milan, and Checkpoint Systems . "Estimated Economic Loss of Retail Crime for Companies in Belgium in 2017, by Business Sector (in Million Euros)." Statista, Statista Inc., 20 Jun 2019, https://www.statista.com/statistics/1063049/economic-loss-of-retail-crime-in-belgium-by-sector/
Catholic University of the Sacred Heart or Catholic University of Milan & Checkpoint Systems , Estimated economic loss of retail crime for companies in Belgium in 2017, by business sector (in million euros) Statista, https://www.statista.com/statistics/1063049/economic-loss-of-retail-crime-in-belgium-by-sector/ (last visited November 18, 2024)
Estimated economic loss of retail crime for companies in Belgium in 2017, by business sector (in million euros) [Graph], Catholic University of the Sacred Heart or Catholic University of Milan, & Checkpoint Systems , June 20, 2019. [Online]. Available: https://www.statista.com/statistics/1063049/economic-loss-of-retail-crime-in-belgium-by-sector/
