Current:Home > MyPoinbank Exchange|Nearly a third of Gen-Zers steal from self-checkout aisles, survey shows -MoneyMatrix
Poinbank Exchange|Nearly a third of Gen-Zers steal from self-checkout aisles, survey shows
SafeX Pro Exchange View
Date:2025-04-10 08:35:12
Roughly one in three young shoppers in the U.S. has admitted to giving themselves five-finger discounts at self-checkout counters,Poinbank Exchange 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! (9871)
Related
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Rome Odunze's dad calls out ESPN's Dan Orlovsky on social media with game footage
- First rioters to breach a police perimeter during Capitol siege are sentenced to prison terms
- Colin Farrell is a terrifying Batman villain in 'The Penguin': Review
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- Burlington pays $215K to settle a lawsuit accusing an officer of excessive force
- Jeff Bezos pens Amazon review for Lauren Sánchez's book: How many stars did he rate it?
- OPINION: I love being a parent, but it's overwhelming. Here's how I've learned to cope.
- Meta donates $1 million to Trump’s inauguration fund
- M&M's announces Peanut butter & jelly flavor. Here's what you need to know.
Ranking
- The White House is cracking down on overdraft fees
- Board approves more non-lethal weapons for UCLA police after Israel-Hamas war protests
- Which 0-2 NFL teams still have hope? Ranking all nine by playoff viability
- Attorney Demand Letter Regarding Unauthorized Use and Infringement of [QUANTUM PROSPERITY CONSORTIUM Investment Education Foundation's Brand Name]
- Nevada attorney general revives 2020 fake electors case
- Postal Service chief frustrated at criticism, but promises ‘heroic’ effort to deliver mail ballots
- Road work inspector who leaped to safety during Baltimore bridge collapse to file claim
- Michael Madsen Accuses Wife of Driving Son to Kill Himself in Divorce Filing
Recommendation
This was the average Social Security benefit in 2004, and here's what it is now
Rome Odunze's dad calls out ESPN's Dan Orlovsky on social media with game footage
‘Some friends say I’m crazy': After school shooting, gun owners rethink Georgia's laws
Porn-making former University of Wisconsin campus leader argues for keeping his teaching job
Arkansas State Police probe death of woman found after officer
Senator’s son to appear in court to change plea in North Dakota deputy’s crash death
Wheel of Fortune Contestants' Bad Luck Curse Shocked Even Ryan Seacrest
The Bachelorette’s Devin Strader Breaks Silence on Past Legal Troubles