Current:Home > FinanceNearly a third of Gen-Zers steal from self-checkout aisles, survey shows -FundPrime
Nearly a third of Gen-Zers steal from self-checkout aisles, survey shows
View
Date:2025-04-13 15:53:41
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! (9527)
Related
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- 2 dead after WWII-era plane crashes in Chino, California, reports say
- Cheers to Anderson Cooper and Andy Cohen's Cutest Dad Moments
- Cheers to Anderson Cooper and Andy Cohen's Cutest Dad Moments
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- The biggest since 'Barbie': Pixar's 'Inside Out 2' debuts with huge $155M weekend
- Democrat-controlled Vermont Legislature attempts to override Republican governor’s vetoes
- Man on fishing trip drowns trying to retrieve his keys from a lake. Companion tried to save him
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Princess Kate makes first public appearance since cancer diagnosis
Ranking
- Intel's stock did something it hasn't done since 2022
- Powerball winning numbers for June 15: Jackpot now worth $44 million
- Shooting at Michigan splash pad leaves 9 injured, including children; suspect dead
- Mookie Betts has left hand fracture after being hit by pitch in Dodgers' win over Royals
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Courteney Cox 'in tears' over Jennifer Aniston's birthday tribute: 'Best friends for life'
- US aircraft carrier counters false Houthi claims with ‘Taco Tuesdays’ as deployment stretches on
- 9 people injured in stabbing incident at Indianapolis strip mall, police say
Recommendation
Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
Scooter Braun Announces Retirement From Artist Management After 23 Years
Mavericks' Kyrie Irving hopes for better performance with NBA Finals back in Boston
Powerball winning numbers for June 15: Jackpot now worth $44 million
Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
You're not Warren Buffet. You should have your own retirement investment strategy.
U.S. supports a just and lasting peace for Ukraine, Harris tells Zelenskyy at Swiss summit
German police shot a man allegedly threatening them with an ax in Euro 2024 host city Hamburg