Fri, 15 Aug 2025
The company estimates that shoplifting costs its business around £20m each year.
* Iceland supermarket chain will reward customers with £1 on their Bonus Card if they report shoplifting incidents in progress.
* The company estimates that shoplifting costs it around £20m each year, affecting prices and staff wages.
* Customers don't need to apprehend the shoplifter for the reward, only report and verify the incident.
* Iceland's executive chairman, Richard Walker, says encouraging customers to help prevent crime could lead to lower prices in stores.
* Shoplifting has risen by 20% in England and Wales, with 530,643 offences recorded in the year to March 2025.
* The government has pledged to increase neighbourhood policing to tackle the issue.
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