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Retail crime is “out of control” says BRC

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January 30, 2025

Retail crime in the UK is “spiralling out of control”, hitting its highest level on record, according to the British Retail Consortium (BRC). Theft alone is now costing retailers £2.2 billion a year and the crime prevention bill for stores is £1.8 billion.

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New figures released Thursday (30 January) from the industry body’s Annual Crime Survey reveal the depths of the problem, with violence and abuse incidents in 2023/24 climbing to over 2,000 a day, up from 1,300 the year before. This is more than three times the 2020 level when there were 455 incidents a day, although lockdown would be a factor there. 

Incidents included racial or sexual abuse, physical assault or threats with weapons, with the latter adding up to 70 incidents a day, more than double the previous year.

Theft has reached an all-time high with over 20 million incidents (over 55,000 a day) costing retailers £2.2 billion in 2023/24 (up from £1.8 billion the previous year).

It noted many more incidents are linked to organised crime, with gangs systematically targeting stores across the country, “stealing tens of thousands of pounds worth of goods and rotating around multiple stores”.

With the total number of incidents continuing to grow, and their nature becoming increasingly aggressive, satisfaction with the police remains low”, the report said, citing 61% of respondents describing the police response to incidents as ‘poor’ or ‘very poor’.

Of the remaining, 29% rated the response as ‘fair’, a further 6% said ‘good’, and 3% described it as ‘excellent’, the first time in five years that any retailers have rated it as such. 

Unsurprisingly, the amount spent on crime prevention is also at a record high, with retailers investing £1.8 billion on measures such as CCTV, more security personnel, anti-theft devices and body worn cameras, up from £1.2 billion the previous year.

This takes the total cost of crime to an eye-watering £4.2 billion, up from £3.3 billion. It adds to the wider cost pressures retailers already face, further limiting investment and pushing up prices for customers everywhere.

The report noted that the government has pledged to address the rise in retail crime through stronger measures to tackle shoplifting and anti-social behaviour, including removing the £200 threshold of ‘low level’ theft. It also announced in the King’s Speech it would introduce a standalone offence for assaulting a retail worker.

“Retailers will be looking closely at the details of the Crime and Policing Bill to ensure that its protections apply to all customer-facing retail workers, from those behind the till to delivery drivers”, the report said.

Helen Dickinson, BRC chief executive, said: “Every day this continues, criminals are getting bolder and more aggressive. We owe it to the three million hardworking people working in retail to bring the epidemic of crime to heel. No one should go to work in fear.

“With little faith in police attendance, it is no wonder criminals feel they have licence to steal, threaten, assault and abuse. Retailers are spending more than ever before, but they cannot prevent crime alone. We need the police to respond to and handle every reported incident appropriately.”

Chris Brook-Carter, chief executive of retail industry charity Retail Trust, added: “Almost half of the retail workers we’ve surveyed told us they currently fear for their safety and nearly two thirds are stressed and anxious going to work due to this unacceptable level of retail crime. People are contacting our helpline in their thousands to report horrifying incidents of abuse and violence and many say that they are now at breaking point.

“Retailers are taking the threat to their staff’s physical safety extremely seriously and more and more of them are working with the Retail Trust to reduce the terrible toll it is having on their people’s mental wellbeing. But stronger measures are clearly needed to prevent this criminal behaviour from happening in the first place.”

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Fashion

Reconomy names Amazon’s Zahid new Re-use CEO

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January 31, 2025

UK-based circular economy specialist Reconomy has named long-term Amazon fashion business exec Rakhshan Zahid as chief executive of its Re-use loop, effective immediately.

Rakhshan Zahidwith Reconomy chief executive Guy Wakeley

She will lead the division, made up of Advanced Supply Chain and ReBound, which offers “intelligent platforms and circular logistics through technology-led supply chain, logistics and fulfilment solutions”. 

With a career spanning e-commerce and financial services, Zahid “brings extensive expertise in driving strategic growth, operational excellence and innovation”, Reconomy said, adding: “Her passion for fostering inclusive and collaborative workplaces aligns well with Reconomy’s values”.

Over 10 years at Amazon, she’s held leadership roles in fashion and marketplace businesses, most recently leading the fashion accessories business across Europe. 

She succeeds Claire Webb who will continue in the business throughout this transition as executive chair, having been CEO and MD of Advanced Supply Chain for five years, leading the business through its acquisition by Reconomy in 2021.

Since her appointment as Re-use executive chair, Webb “has played a crucial role in the growth and success of Reconomy’s Re-use loop, including bringing together the leadership teams of ReBound and Advanced Supply Chain to facilitate closer collaboration, realise operational synergies and establish a market-leading global end-to-end returns offer”. She also led the business to open a facility in Nettetal, Germany to become a European superhub for returns and established the business’ Retail Ready service in Europe.
 
The Re-use businesses have also collaborated across Reconomy to develop its textile EPR solution to help brands and retailers comply with emerging regulations being introduced internationally. Webb now plans to pursue non-executive board-level opportunities.
 
Guy Wakeley, chief executive at Reconomysaid: “[Our] Re-use loop is one of our key divisions and counts many of the most successful, fast-growing retailers and e-commerce brands as customers. Rakhshan… brings an impressive track record and considerable experience of significantly scaling retail businesses, which will prove invaluable as we embark on the next phase of growth for Re-use. 

Jelle Schoenmaker continues as MD of ReBound and Ben Balfour continues to lead Advanced Supply Chain, also as MD.

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Who What Wear and Marie Claire owner Future names CEO

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January 31, 2025

Specialist media platform Future has promoted long-time exec Kevin Li Ying chief executive officer. He takes up the post and his place on the board on 31 March to lead the group whose titles include shopping platform Who What Wear and digital fashion magazine Marie Claire.

Who What Wear

Current CEO Jon Steinberg will step down on 30 March and will act as senior advisor until 30 June “to ensure a smooth transition”.

Currently EVP of B2C, the group’s largest division, Li Ying’s been with Future for over 20 years becoming  a “key contributor to the successful transformation of the company from a traditional print publisher into a leading global digital media platform of today”, the company said. 

In his current role he’s had full responsibility for all B2C brands, editorial and revenue generation consisting of commercial advertising, e-commerce, subscriptions and newstrade revenue “while ensuring technology and data are central to the B2C offer”.

Prior to this, he was chief technology officer, a position he held for eight years.

Chair Richard Huntingford said: “Kevin is a strong visionary leader with an unmatched knowledge of the Group, from its tech stack to its revenue streams.”

Li Ying added: “I look forward to continue to execute on the strategy, and am excited about our growth opportunities, building on our track record of innovation and producing excellent content and products to attract valuable audiences through a platform-agnostic approach.”

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Alibaba launches advanced AI model to rival GPT-4

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January 31, 2025

(AFP) – Chinese tech and e-commerce giant Alibaba on Wednesday announced the release of Qwen2.5-Max, an advanced artificial intelligence model that the company says outperforms several leading AI systems in key benchmarks.

The launch follows Chinese startup DeepSeek’s recent release of models that stunned Silicon Valley and challenged assumptions about US dominance in the booming AI sector.

The rapid emergence of consecutive Chinese models will likely intensify concerns in the United States, where companies have invested billions of dollars in AI development that startups in China are matching at significantly lower costs.

In a blog post, the Qwen team said their new model outperformed DeepSeek V3 in multiple tests, including code generation and general capabilities, while showing competitive results against industry leaders like OpenAI’s GPT-4 and Anthropic’s Claude-3.5-Sonnet.

The model, trained on over 20 trillion tokens of data, notably was not compared with DeepSeek’s R3 model — the reasoning-focused AI that made waves when it launched through a chatbot on January 20.

Qwen2.5-Max is now available to developers through Alibaba Cloud services and can be accessed via Qwen Chat, the company’s conversational AI platform. The system offers compatibility with OpenAI’s API format, potentially simplifying adoption for organizations already using similar AI services.
 

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