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Fortune
Fortune
Prarthana Prakash

Britain’s biggest retailers are teaming up to pay police about $750,000 to stop shoplifters amid claims the crime is being 'decriminalized'

people walking out of a sainsbury's store (Credit: Jason Alden—Bloomberg/Getty Images)

Retail crime is plaguing stores across the U.K., costing them billions in lost sales and increased security measures. 

The fight against crimes like shoplifting are amping up in response, and now a group of Britain’s biggest retailers is pouring £600,000 ($750,000) into a new police project to crack down on organized crime gangs, who are believed to be at the center of retail theft activities.

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