Current:Home > InvestNearly a third of Gen-Zers steal from self-checkout aisles, survey shows-Angel Dreamer Wealth Society D1 Reviews & Insights
Nearly a third of Gen-Zers steal from self-checkout aisles, survey shows
View Date:2024-12-24 21:53:39
Roughly one in three young shoppers in the U.S. has admitted to giving themselves five-finger discounts at self-checkout counters, a new survey shows.
According to loan marketplace LendingTree, 31% of Gen-Z consumers have stolen items from self-checkout kiosks, compared to 15% of consumers of any age. Those figures come as businesses work to combat shoplifting, which some retailers have blamed for hurting their financial performance and even for store closures.
"Ultimately, retailers need to decide whether the self-checkout terminals are worth the risk," LendingTree chief credit analyst Matt Schulz said in a statement. "That's a question lots of retailers are likely wrestling with."
LendingTree based its findings on a survey of 2,000 U.S. consumers between the ages of 18 and 77.
Although some respondents to the poll said they regretted having sticky fingers, 44% planned to continue stealing from self-checkout kiosks, while 37% said they would do so to save money on groceries or health care goods, according to the survey. Of those who had stolen at kiosks, only a thir said they had ever been caught, the data shows.
Retailers are generally reluctant to disclose information on the prevalence of theft, making it hard to gauge how common self-checkout theft is compared to other forms of stealing, Neil Saunders, a retail analyst at GlobalData Retail, told CBS MoneyWatch.
Theft data is "commercially sensitive information that [retailers are] under no obligation to reveal," he said. "There is a fear that highlighting the issue may encourage more self-checkout theft."
Still, losses resulting from the use of automated checkout stations appear to have spurred several major retailers to do away with the kiosks or beef up measures to detect thefts, according to Saunders.
Walmart removed self-checkout stations at some of its stores in New Mexico earlier this year after employees reported a rise in self-checkout thefts, Insider reported. Similarly, Wegmans scrapped its scan-as-you-shop self-checkout system last year because of excessive theft, Saunders said.
Meanwhile, Costco has said it plans to station more of its employees at self-checkout areas after acknowledging this year that it had suffered losses "in part…due to the rollout of self-checkout."
- In:
- Retail Theft
- Walmart
- Costco
Elizabeth Napolitano is a freelance reporter at CBS MoneyWatch, where she covers business and technology news. She also writes for CoinDesk. Before joining CBS, she interned at NBC News' BizTech Unit and worked on the Associated Press' web scraping team.
veryGood! (549)
Related
- Cowboys owner Jerry Jones responds to CeeDee Lamb's excuse about curtains at AT&T Stadium
- Republican-led group sues to block Georgia rule requiring hand count of ballots
- Fed’s favored inflation gauge shows cooling price pressures, clearing way for more rate cuts
- How to watch the vice presidential debate between Walz and Vance
- AI could help scale humanitarian responses. But it could also have big downsides
- Federal government to roll back oversight on Alabama women’s prison after nine years
- Kate Middleton's Younger Brother James Middleton Gives Insight on Her Cancer Journey
- Stevie Nicks releases rousing feminist anthem: 'May be the most important thing I ever do'
- Indiana man is found guilty of murder in the 2017 killings of 2 teenage girls
- Ex-Chili Peppers guitarist denies a manslaughter charge in the death of a pedestrian
Ranking
- Miami Marlins hiring Los Angeles Dodgers first base coach Clayton McCullough as manager
- Depleted energy levels affect us all. But here's when they could indicate something serious.
- Suit up: Deals on Halloween costumes among Target Circle Week deals for Oct. 6-12
- Chicago White Sox sweep Los Angeles Angels, remain at 120 losses on season
- Chet Holmgren injury update: Oklahoma City Thunder star suffers hip fracture
- Macklemore clarifies remark made at pro-Palestine concert in Seattle: 'Sometimes I slip up'
- NFL bold predictions: Which players, teams will surprise most in Week 4?
- UCLA baseball team locked out of home field in lawsuit over lease involving veteran land
Recommendation
-
Stop What You're Doing—Moo Deng Just Dropped Her First Single
-
Miranda Lambert and Brendan McLoughlin’s Romance Burns Like Kerosene at People’s Choice Country Awards
-
Opinion: Derrick Rose made peace with 'what-ifs' during injury-riddled MVP career
-
Voting technology firm, conservative outlet reach settlement in 2020 election defamation case
-
Satellite images and documents indicate China working on nuclear propulsion for new aircraft carrier
-
The Bear's Jeremy Allen White Kisses Costar Molly Gordon While Out in Los Angeles
-
California governor signs law increasing penalty for soliciting minors to a felony
-
Maggie Smith, Harry Potter and Downton Abbey Star, Dead at 89