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International Business Times UK

William Dove

Poundland Invests in High-Tech Security After £44m Stock Loss Amid Rising Retail Crime

Poundland Police Scott Olson

Crime scene police line | Representational Image Photo: GETTY IMAGES / SCOTT OLSON (Credit: GETTY IMAGES/SCOTT OLSON)

Budget retailer Poundland has announced plans to beef up its security measures following the loss of over £40 million worth of stock last year.

The company has not revealed how much it will be spending on security, but did say that it would be recruiting additional undercover security guards as well as investing in security equipment.

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