A Tesco store locked its bacon, sausages and ribs in a fridge to prevent theft amid a surge of shoplifting prompted by the cost of living crisis.
Read the full article on the Daily Mail website
NAM Implications:
- For context:
- If a customer steals a pack of meat selling at £3.50, with a net profit (generous) of 5%…
- …then Tesco have to sell an incremental £70 to recover the loss.
- i.e. be thankful that Tesco is simply locking the fridges…
