Search Details

Word: bamfield (lookup in dictionary) (lookup stats)
Dates: all
Sort By: most recent first (reverse)


Usage:

...People already feeling, or merely anticipating, the negative impact of recession have taken to stealing ... at the very time retailers also suffering from the downturn have had to cut back on security staff," says Joshua Bamfield, director of the Britain-based Center for Retail Research, which documented the findings in its annual Global Retail Theft Barometer. "In addition to the usual criminals, you have lots of newcomers to stealing who figure they don't run much risk at getting caught, won't pay much of a price if they are and justify their action on the hard times...

Author: /time Magazine | Title: Recession Sparks Global Shoplifting Spree | 11/11/2009 | See Source »

...Though Bamfield says theft by organized criminals for the purpose of resale remains the biggest segment of shoplifting, there's been a noticeable increase in the number of middle-class people stuffing their pockets - people who are not "stealing necessities to keep themselves and their families alive," he adds. Worse still, more than a few of these individuals regard this kind of stealing in the economic crisis as fully justified, as the researchers discovered through interviews with shoplifters and police...

Author: /time Magazine | Title: Recession Sparks Global Shoplifting Spree | 11/11/2009 | See Source »

...their acts, the current situation has many people feeling the entire system is broken, that politicians are too corrupt or inept to fix it, and that there's nothing wrong with stealing from these big companies and fancy stores that - the thinking goes - are themselves making out like thieves," Bamfield explains. "There's a real perception among many new shoplifters that if you work hard, put money away and play the game, you're asking for someone to come along and rip you off." (See the top 10 financial-crisis buzzwords...

Author: /time Magazine | Title: Recession Sparks Global Shoplifting Spree | 11/11/2009 | See Source »

...expect this to deter the world's swelling ranks of shoplifters. Even if a return to economic growth and job production weakens the rationalization for stealing, Bamfield says many people will likely continue to shoplift out of habit - and because they've gotten away with it for so long. The only way to effectively combat these thieves, he notes, is for retailers to invest in better security and for authorities to treat shoplifting cases not as "individuals stealing $50, $100, $200 worth of goods," but rather as something more serious - part of a $115 billion annual heist...

Author: /time Magazine | Title: Recession Sparks Global Shoplifting Spree | 11/11/2009 | See Source »

| 1 |