Advertise with fastmoving.co.za
 
 

Retailers need to appreciate the fact that cash crime is prevalent in SA and not going away any time soon.
Retailers need to appreciate the fact that cash crime is prevalent in SA and not going away any time soon.

Easter is also a feast for criminals, retailers and consumers warned

MARKETING NEWS

By Carin Smith - Apr 18th, 09:01

There is a tendency among criminals to use the Easter long weekend - and its spike in shopping - to their advantage, says Richard Phillips, joint CEO of retail cash management company Cash Connect. 

"Retailers need to appreciate the fact that cash crime is prevalent in SA and not going away any time soon."

"Therefore, retailers can make a material contribution to improving the general safety of stores, staff and customers," he told Fin24.

For instance, over the past two years, there has been a 16% increase in non-residential cash robberies countrywide over Easter.

"There's R140bn in circulation in South Africa at any given time and cash robberies remain unacceptably high, with over 50 a day,"

Liquor stores a soft target

Almost half of all cash non-residential robberies countrywide, occur in Gauteng, followed by the Eastern Cape, Mpumalanga and KwaZulu-Natal.

"Just as retailers understand customer demand over these peak seasons, they also need to take cognisance of criminal trends. Liquor outlets, in particular, are soft targets," said Phillips.

"Easter is a time for retailers and security agencies to refocus. It's a period that places retailers, their staff and their customers at risk, and it makes sense to re-introduce simple tricks and tools to reduce the chances of becoming a target."

He added that consumer can find out very quickly which stores were targeted and will then avoid those.

 

Read more about: retailers | crime | retail | easter

Related News

Checkers brings world-class retail to Constantia with new flagship store
27/11/2019 - 13:01
Checkers has opened the doors to its state-of-the-art 2 330 m² flagship supermarket at the Constantia Emporium as the retailer continues to take innovation to new heights.

Woolworths carves out market share in SA
27/11/2019 - 10:11
In Australia, David Jones's sales declined 2.1%, with the company saying a store refurbishment contributed to the decline.

Push and pull strategies work together to keep consumers coming back for more
26/11/2019 - 10:20
The retail sector is under increasing pressure as consumers have shrinking disposable income in a strained economy. Maintaining share of wallet is critical. Relying solely on a push route to market strategy from manufacturers into retailers is not enough to get consumers buying products. A pull strategy needs to coexist with the push to drive brand consumption. Integrating these strategies requires intelligent and insightful decision-making. This, in turn, requires data generated through smart technology which provides line of sight across the value chain from manufacturer to distribution, retailer to the consumer.

Exclusive leases must fall: Commission cracks whip on Shoprite, Pick n pay, Spar, Woolies
26/11/2019 - 09:57
The Competition Commission Inquiry into Grocery Retail, published on Monday, called for an end to the exclusive leases negotiated by national retail chains in all shopping malls across the country in a bid to open up access to markets for smaller players.

Today’s customers are loyal to speed and convenience, not brands
25/11/2019 - 11:15
Consumer expectations are rapidly shifting as technologies such as mobile, geolocation, social media and increasingly, Internet of Things devices and wearables, connect people to a world of easily accessible information and convenient services. With the ability to browse, compare and order with a few swipes and taps, consumers are becoming trained to value convenience and service above nearly anything else.