Cookie banner

This site uses cookies. Select "Block all non-essential cookies" to only allow cookies necessary to display content and enable core site features. Select "Accept all cookies" to also personalize your experience on the site with ads and partner content tailored to your interests, and to allow us to measure the effectiveness of our service.

To learn more, review our Cookie Policy, Privacy Notice and Terms of Use.

clock menu more-arrow no yes mobile

Filed under:

Store Employees Are Totally Out-Thieving Shoplifters

New, 1 comment
Photo: Vasin Lee/Shutterstock
Photo: Vasin Lee/Shutterstock

Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to, where our staff is covering consumer culture for The Goods by Vox. You can also see what we’re up to by signing up here.

Store employees steal more from their employers than actual thieves, The Atlantic reports. Their information is sourced from this year's annual The Global Retail Barometer report, which states that US employees account for 43% of revenues that were lost but shouldn't have been, while shoplifters account for 37%.

Employee theft, including phony canceled transactions and fake refunds, made up about $18 billion in lost retail revenue last year in the US, according to The Atlantic. The only country in the world with a higher rate of retail theft by employees is Argentina. Based on a 2012 study, the magazine theorizes that employee theft is connected to low wages; if retailers paid more, workplaces would be more focused on honesty and in-house theft rates might go down.
· America's Workers Are Out-Stealing America's Shoplifters [The Atlantic]
· Former GQ Executive Allegedly Stole $50,000 From Condé Nast [Racked]
· Michigan Police Busted a $15,000-a-Day Shoplifting Ring [Racked]