Iceland supermarket offering £1 reward for reporting shoplifters

Supermarket chain Iceland will financially reward customers who report incidents of shoplifting, as part of efforts to tackle rising levels of retail theft.The retailer's executive chairman, Richard Walker, said that shoppers who alert staff to a theft in progress will receive a £1 credit on their Iceland Bonus Card.The company estimates that shoplifting costs its business around £20m each year. Mr Walker said…