Current:Home > ScamsNearly a third of Gen-Zers steal from self-checkout aisles, survey shows -Summit Capital Strategies
Nearly a third of Gen-Zers steal from self-checkout aisles, survey shows
View
Date:2025-04-17 01:57:31
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! (7232)
Related
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- Pope Francis washes feet of 12 women at Rome prison from his wheelchair
- Denny Hamlin wins NASCAR Cup Series' Toyota Owners 400 at Richmond after late caution flag
- A woman, 19, is killed and 4 other people are wounded in a Chicago shooting early Sunday
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Here and meow: Why being a cat lady is now cool (Just ask Taylor)
- What's open on Easter 2024? Details on Walmart, Target, Starbucks, restaurants, stores
- Go inside Hub City Bookshop in South Carolina and meet mascot cat Zora
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- Mega Millions winning numbers for March 29 drawing; $20 million jackpot
Ranking
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- JuJu Watkins has powered USC into Elite Eight. Meet the 'Yoda' who's helped her dominate.
- Shoplifter chased by police on horses in New Mexico, video shows
- Visa, Mastercard agree to $30B deal with merchants. What it means for credit card holders.
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Pope Francis washes feet of 12 women at Rome prison from his wheelchair
- Men’s March Madness highlights: NC State, Purdue return to Final Four after long waits
- The Best Tools for Every Type of Makeup Girlie: Floor, Vanity, Bathroom & More
Recommendation
Sam Taylor
Phoenix gets measurable rainfall on Easter Sunday for the first time in 25 years.
March Madness games today: Everything to know about NCAA Tournament's Elite Eight schedule
Roll Tide: Alabama books first March Madness trip to Final Four with defeat of Clemson
Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
In setback to Turkey’s Erdogan, opposition makes huge gains in local election
State taxes: How to save with credits on state returns
Brittany Mahomes Appears Makeup-Free as She Holds Both Kids Sterling and Bronze in Sweet Photo