Wireless Retail Blog

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Retail Shrinkage Numbers are Increasing

How Wireless Retailers Can Prevent Retail Shrink

As of November 2015, the latest Global Retail Theft Barometer Study found that U.S. retail shrinkage as a total percentage of sales is up. Shrink, which includes shoplifting, employee fraud, supplier fraud, and administrative errors increased from 1.28% of sales in 2013-2014, to 1.97% of sales during 2014-2015.

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