Australia, New Zealand Losing Billions in Theft Wave

The video discusses the escalating trend of retail theft, which has become a significant issue in major economies post-pandemic. It highlights a shift from electronics to perishable items being stolen, with organized crime and social factors playing a role. The rise of self-checkout and environmental changes have made theft easier. The economic context, including inflation and cost of living crises, exacerbates the problem, with implications for future trends.

What are some of the major factors contributing to the rise in retail theft as discussed in the text?

How has the nature of items being stolen shifted according to the text?

What challenges do stores face in trying to prevent theft while maintaining customer safety?

In what ways is organized crime linked to the increase in retail theft in New Zealand?

How has the rise of self-checkout systems impacted retail theft according to the text?