Terrence Shulman
JD, LMSW, ACSW, CAAC, CPC
Founder/Director of
The Shulman Center

Facts about Shoplifting...

• There are nearly 300 million shoplifting incidents per year.
  - 2008 Jack Hayes International, Inc. survey

• Shoplifting is estimated to account for between 30-40% of retailer's lost profit
  - 2008 Jack Hayes International, Inc. survey, University of Florida Survey

• In 2007, retailers lost an estimated $15 billion per year to shoplifting
  - 2008 Jack Hayes International, Inc. survey

• In 2008, 832,106 shoplifters were apprehended from 22 large retail companies, up 7.65% from 2007.
  - 2008 Jack Hayes International, Inc. survey

• For every $1.00 recovered from retail theft, $27.64 is lost; only 3.62% is recovered total.
  - 2008 Jack Hayes International, Inc. survey

Facts about Employee Theft...

• Businesses lose 20% of every dollar to employee theft!
  - American Society of Employers

• In 2008, one in every 30 employees was apprehended for theft from their employer
  - 2008 Jack Hayes International, Inc. survey

• 75% of employees steal from work and most do so repeatedly
  - US Chamber of Commerce

• In 2008, 72,120 employees were apprehended from 22 large retail companies, up 3.01% from 2007
  - 2008 Jack Hayes International, Inc. survey

• 30% of corporate bankruptcies result from employee theft
  - US Chamber of Commerce

• The FBI calls employee theft the fastest growing crime in America

• 55% of perpetrators of employee theft are managers
  - American Society of Employers

• The Boston Globe and Denver Post report that “time theft” and loafing cost U.S.companies over $400 Billion a year in lost productivity

OverShopping & OverSpending Facts...

• A recent study, published in the December, 2008 issue of the Journal of Consumer Research suggests that the number of compulsive shoppers/spenders may be closer to 8.9%, more than 25 million Americans.

• 17 Million Americans are compulsive shoppers/spenders!
  - 2006 Stanford University Landmark Study

• Men and women compulsively shop/spend about equally
  - 2006 Stanford Study

• Arguments over money are the number one reason for relationship stress and break-ups (Psychology Today)

• The average credit card debt for a U.S. citizen is close to $10,000--mostly accumulated from unnecessary purchases (Time, Money magazines)

• Overshopping/Overspending is more than about poor budgetary or savings habits; many people need professional psychological help
  - 2006 Stanford Study