Security Facts Shoplifting occurs 380 to 440 million times yearly. Shoplifting costs businesses $9.5 to $11 billion annually. More than $4.7 billion in theft in 27 U.S. retail companies in 2004. There are 1 to 1.2 million shoplift incidents everyday. $30 billion in profit is lost yearly to theft and error. Theft occurs every four seconds. Property loss due to fires is about $8.6 billion annually. A burglary occurs in this country every eight seconds. 7% of retail loss is due to vendor theft. |