‘Unprecedented’ theft contributed to $112 billion in retail losses last year
‘Unprecedented’ theft contributed to $112 billion in retail losses last year
www.seattletimes.com ‘Unprecedented’ theft contributed to $112 billion in retail losses last year
Retailers say they’re seeing theft and crime soar in their stores, prompting them to rethink how they operate, according to a new survey.
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Inflation will do that. As BeefPiano put it,
In 2017 shrinkage accounted for $42 Billion, or 1.85% of sales.
that shows how crazy inflation is - $42 Billion was 1.85% then and $113 Billion is 1.6% now.
Exactly right. No amount of loss prevention investment will make up for a broken and damaged economy.
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