Organised shoplifting is now among the most common type of crimes against small firms, a body of small businesses has stated citing a recent survey results.
According to Federation of Small Businesses (FSB), crimes such as organised shoplifting, drained more than £1,000 from over half of small business victims across England and Wales in the last two years. One in 10 lost more than £10,000 according to new research by the FSB, which added that firms also faced cybercrime and fraud.
The report, based on a survey of 560 small businesses in England and Wales, also revealed a growing number of reports of organised shoplifting and threatening behaviour towards shop owners and their staff. More than a third of respondents said they had been affected by at least one traditional crime in the last two years, including vandalism, anti-social behaviour, burglary or robbery.
Among a third of small business victims who reported the crime to the police, three in five said officers did not attend the scene and half believe the police did not investigate after the initial response. Only 3 per cent said the police investigated and made an arrest.
Tina McKenzie of the FSB said, “We’ve been hearing countless reports of organised shoplifting over the past year, and our study further shows how serious and unprecedented the problem is.
“Witnessing our small high-street shops and independent businesses losing their hard-earned money because these crimes are overlooked by authorities is disheartening, not to mention the mental toll on small business owners and their staff.
“What’s more alarming is the explosive rise in cybercrime and fraud from the persistence of phishing emails to sophisticated invoice fraud. As more and more small businesses extend their operations to the virtual world, online services providers that hold personal and financial information must enhance their security measures.”
YEEP! has partnered with Co-op in a move that will see its parcel lockers installed at 30 of the convenience retailer’s stores to bring added ease and convenience to more communities.
With Co-op stores located in the heart of local communities, the new partnership is designed to meet the evolving needs of busy shoppers and the continued growth in consumer demand for safe, secure and convenient parcel lockers.
Co-op stores go beyond offering just traditional groceries, with added services designed to create a destination and community hub including parcel collections and returns. Lockers enable consumers to better manage their deliveries, save time and can cut last mile emissions with the use of one-drop locker locations.
The first YEEP! lockers to be trialled at Co-op stores will include locations in: Bletchley; Wigan Road, Bolton; Bromyard and Kington (Herefordshire); Castle Douglas (Dumfries and Galloway); Edwinstowe, Stanton Hill and Selston (Nottinghamshire); Kidwelly (Carmarthenshire) and Rainhill, with ambitions to grow the number of lockers during 2025.
George Hayworth, Head of Quick Commerce (Q Comm) Development, Co-op, said, “Partnering with Yeep! enables Co-op to further expand its network of safe, secure and convenient parcel lockers.
"The parcel lockers form part of Co-op’s approach to develop added services and enhanced convenience - creating a compelling customer offer to ensure our stores are a convenient destination not only for groceries but for a range of services that meet the needs of local communities.
"Helping local residents, commuters and time-pressed consumers pick up or return parcels at a time that suits them, quickly, easily and conveniently.”
Noël Shapton, YEEP! co-founder and CEO, said, “I am delighted that YEEP! is partnering with Co-op, helping to expand its community-based parcel locker network, and offering shoppers more flexibility in how they send and receive their parcels.
“This partnership allows us to continue our mission of providing eco-friendly, convenient, and secure 24-7 parcel lockers to communities across the UK.”
VPZ, a leading vaping retailer, has warned that measures being proposed in the Tobacco and Vapes Bill could lead to a surge in the black market and also drive people back to smoking.
The bill passed its first Commons hurdle by 415 votes to 47 late November and MPs are set to reconvene on 30 January to vote further, before it progresses to the House of Lords.
Plans being proposed include a restriction on vape flavours, the introduction of plain packaging and further restrictions on advertising and promotions.
VPZ said it supports measures in the Bill to tackle youth vaping, including restrictions on naming, packaging, and marketing. However, it noted that flavours are crucial for smoking cessation, and restricting them risks harming adult vapers, driving a return to smoking, and undermining the UK’s 2030 smoke-free goals.
The retailer also pointed to the surge in Australian black market after laws were introduced in October last year where only pharmacies are allowed to sell vapes, with flavours restricted to menthol, mint or tobacco.
“We fully welcome any measures and have campaigned heavily to introduce policy that will tackle youth access – however the plans within the Bill will ultimately fail and damage our smoke free ambitions,” Greig Fowler, director at VPZ, said.
“Studies show that flavoured vapes have been instrumental in helping smokers’ transition away from traditional tobacco products.
“Further research from Public Health England also found that over 80 per cent of adult vapers prefer flavoured options to reduce cigarette cravings and avoid relapse.
“This undeniable evidence shows that reducing flavour options has the potential to push adults back to smoking, reversing the huge progress we have made in the government’s smoke-free goals and raising healthcare costs for smoking-related illnesses.
“Restricting flavoured vape products also risks the growth of an unregulated and illegal black-market which poses significant health and social dangers.”
VPZ, which has over 180 stores in the UK, said it has helped over a million smokers quit since it was established in 2013.
The retailer added that it has been “alarmed” at the speed of the Bill and the “lack of any meaningful engagement” with industry from the UK government.
It has written to all MPs across its network and begun a programme of local store-led engagement to highlight concerns and make recommendations that include a licensing and controls regime, age verification laws, tackling the illicit black market, and public education on vaping versus smoking.
Latest data from Local Data Company (LDC) shows that at the end of 2024, there were 3,573 vape specialist stores nationwide. According to Statista, in 2023 there were approximately 50,000 other outlets selling vape products through various channels, including supermarkets, candy stores, toy shops, barbers, and butchers, however, that figure was feared to be considerably higher last year.
The retailer would like to highlight that many of these non-specialist stores lack professional services, proper age-gating, and are frequently involved in selling both illicit and legal so-called ‘Big Puff’ devices to underage customers, further highlighting the necessity for greater licensing and control.
VPZ has also aimed to advise policy makers on the rise of ‘Big Puff’ disposable vapes, which threaten to bring a new youth vaping epidemic and even greater damage to the environment.
The imported products are exploiting a loophole in regulations to create a new single-use vaping product ahead of the disposables vape ban which comes into force in June 2025.
Fowler continued: “We have campaigned for over three years for a licensing and controls regime and have pioneered a check 25 policy to ensure that vaping products are targeted towards adult smokers and vapers.
“Access remains the overriding challenge and we need to strengthen penalties for retailers who sell to minors rather than restricting products for adults who rely on flavours for smoking cessation.
“It’s vital that we improve enforcement to curb the sale of illegal, unregulated vape products that pose health risks and avoid taxes. A current example of this are the illegal ‘Big Puff’ devices that are flooding the market and creating an even bigger and more damaging single-use product ahead of the disposables ban.
“Furthermore, we believe that there must be investment in public education to highlight the benefits of vaping over smoking to ensure that it meets it potential as the most effective stop smoking tool.”
Consumer confidence in the economy fell to a new low, states a new report, highlighting a disturbing picture for retailers who are already facing £7bn in additional costs from the Budget and new packaging levy.
According to BRC-Opinium data, consumer expectations over the next three months of their personal financial situation dropped to -4 in January, down from -3 in December.
Expectation over state of the economy worsened to -34 in January, down from -27 in December while over personal spending on retail fell to -9 in January, down from -3 in December.
Consumer expectation over personal spending overall dropped to +4 in January, down from +11 in December while personal saving increased to -3 in January, up from -5 in December.
Helen Dickinson, Chief Executive of the British Retail Consortium, said, “As the government warns of tough times ahead, it is little surprise that the public have caught the January blues.
"Consumer confidence in the economy fell to a new low, with concerns most pronounced among older generations.
"Gen Z (18-27) remain the only group to expect the economy to improve, while two-thirds of Boomers (60-78) expect things to get worse.
Feelings around people’s own finances fell slightly, with older generations remaining the most pessimistic. Expectations of retail spending and wider spending both fell significantly, though much of this is likely to be the end of the Christmas period, as people tightened their belts for the new year ahead.”
“On top of this challenging market backdrop, retailers are facing £7bn in additional costs from the Budget and new packaging levy.
"With retailers’ tight margins leaving little scope to absorb more costs, many are warning of price rises and job cuts in the coming months.
"To mitigate this, and shore up investment in shops and entry level jobs, the Government must ensure that no shop ends up paying a higher business rates bill because of its proposed reforms.”
Procter & Gamble is seeing encouraging signs in China, but a full recovery is still a ways off, executives said Wednesday as the consumer products giant reported solid earnings.
P&G, whose brands include Tide detergent and Charmin toilet paper, saw improvement in China in the just-finished quarter in sales of SK-II, a premium skin care product.
Chief executive Jon Moeller also pointed to an uptick in the number of Chinese travelers to South Korea and Japan, as an indication of "more confidence and a willingness to spend" among some in the population.
But Moeller noted that SK-II is "very premium-priced product" and "the broad swath of society is still not confident and is still struggling," he told analysts on a conference call.
The comments came as P&G reported profits of $4.6 billion (£3.74bn) in its fiscal second quarter, up 34 per cent on revenues of $21.9bn, up 2 per cent.
P&G also confirmed its earnings forecast for fiscal 2025, a year in which it projects sales growth of two to four percent.
Executives highlighted product launches including a whole-body deodorant spray and a new advanced power toothbrush as elements that would sustain sales growth.
P&G experienced a 3 per cent drop in organic sales in its Greater China division.
Although still shrinking, chief financial officer Andre Schulten described the performance as "a solid step forward" compared with the 15 per cent decline in the prior quarter.
While "underlining market conditions remain soft," Schulten said "we are trending back toward growth in Greater China."
Sales of SK-II, which is manufactured in Japan, have been hampered in recent quarters in China due to anti-Japan sentiment in the country.
But Moeller, citing fewer negative social media mentions in China, described the climate as improving, saying "the whole dynamic of Japanese brand sentiment, I think, is easing."
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Bronagh Luke from SPAR NI (L), Rob Lyttle (C) and Chris Thompson, Tearfund’s director in Northern Ireland
Rob Lyttle, the former Ulster Rugby player, has answered the call from the charity Tearfund to back the final weeks of their Break the Cycle of Poverty campaign, in partnership with SPAR, EUROSPAR, ViVO and ViVOXTRA stores in Northern Ireland.
The appeal, which has been running since November, aims to raise £350,000 through shopper donations, which will be matched by the retailers, meaning £700,000 could go towards people living in extreme poverty around the world.
Lyttle, 27, who played for Ulster Rugby and now coaches and plays for Banbridge Rugby Club, said: “I am passionate about seeing families thrive, both on my own doorstep and further afield, in places like Kenya. That’s why I’m delighted to get behind Tearfund’s latest appeal, to help more families around the world break the cycle of extreme poverty and thrive – for good.”
Rob had the chance to visit East Africa when he travelled to Uganda last year with ‘Charlene’s Project’, a charity set up by his late sister-in-law. The charity has now funded several primary and secondary schools in Uganda.
“I’d go back in a heartbeat”, said Lyttle, and he hopes to return with his family one day.
“Having visited Uganda last year, I know first-hand the need that some communities around the world are facing. I’m really encouraged by how generous the Northern Irish public is in its support for this appeal, and would love to see even more donations come in as the appeal ends.”
Chris Thompson, Tearfund’s director in Northern Ireland says the appeal has had fantastic engagement since it launched.
“Tearfund exists to empower individuals to break the cycle and lift themselves out of extreme poverty. The money raised by this appeal will help people like Lokhu,” Thompson said.
“When the worst drought in 40 years hit Kenya, Lokhu could no longer afford to keep her children in school. Hunger quickly became a frightening reality for her family. And, as they live five miles from the closest borehole, without water they were not going to survive.
“Thanks to the kindness of our supporters, such as that of those who’ve donated to this year’s partnership appeal with SPAR, EUROSPAR and ViVO stores in Northern Ireland, Tearfund was able to quickly respond through our church partner to provide emergency support. Since then, together we have helped the community rebuild and introduced vital training so people would not be so severely impacted by climate change.”
Over the past 12 years, fundraising by shoppers in SPAR, EUROSPAR, ViVO, ViVOXTRA and ViVO Essentials stores in Northern Ireland, matched by the retailers, has positively impacted over half a million people living in extreme poverty around the world.
Bronagh Luke from SPAR NI said: “Matching every pound raised through the Break the Cycle of Poverty campaign means even more families experiencing poverty around the world can build their own resilience and break the cycle of food poverty once and for all.
“SPAR NI has a cohort visiting Rwanda this year, where we will meet families that our appeal has enabled them to rebuild their communities and provide for each other after devastating floods and droughts. Having Rob on board to tackle these final weeks and bring even more funds into this worthwhile appeal, while engaging with him on why Tearfund’s work is so important, has been fantastic and we’d like to say a big thank you to him and chef Jeffers for their time and efforts for this year’s appeal.”
Break the Cycle of Poverty campaign will run until 31 January 2025, with donation boxes in SPAR, EUROSPAR, ViVO and ViVOXTRA stores throughout Northern Ireland. Shoppers can also donate online and find out more via tearfund.org/spar.