At the NRF's LP conference this past June, a lot of people were talking about a USA Today article that reported shoplifting incidents rise as the economy drops.
It's kind of a no brainer. When times get tough, the tough go shoplift.
It does sound a bit ridiculous, I know. And now here's this article:
Crime against businesses a by-product of weak economy
Here's a synopsis. (I'm not a paid subscriber so I can't get the whole thing.)
Businesses are bracing for more crimes committed by both external and internal perpetrators in a rough economy.
The worry is that poor market conditions will result in more burglaries, and company layoffs could increase cases of embezzlement, theft and workplace violence by disgruntled workers.
â€œA lot of our clients are ramping up security,â€ said Scott Stern, CEO of security firm Global Services Inc. â€œThey want to protect their assets. They want to make sure their people are safe.â€
This is what I call a desperate space filler. I can hear the writer now: 'Hey, I need a story and I bet a good one would be how crime is increasing as the economy slows down.' Wow. That's genuis.
I liken it to those stories that always come out around the holidays that are titled something like: Better watch out, shoplifters coming to town
What I would like to know is how these businesses are increasing security? Where are they finding the funding in this age of budgets cuts? How do we know they are specifically ramping up security because of the fear that crime will rise as the economy slows? As a security professional, shouldn't you always want to protect your assets and make sure people are safe?
I know â€” I shouldn't be so judgmental. Before you know it I'll have a bunch of swear-filled comments from the loyal readers of the Phoenix Business Journal. Hey, I bet the rest of the story fills in all the blanks, but I'll never know.