The reality of retail shrink
While we ‘squabble about shrink,’ theft and violence get worse.
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Shrink
Retail shrink totaled $61.7 billion in 2019 amid rising employee theft and shoplifting/ORC
Theft, fraud and retail “shrink” totaled $61.7 billion in 2019, up from $50.6 billion in 2018, according to NRF.
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Retail shrink tops $50 billion as cyber threats become more of a priority
Retail shrink reaches $50 billion as cyber threats become more of a focus
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High-tech electronic article surveillance tags preclude theft
The tags require a high-powered motor to be released.
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