More than $112 billion was lost to retail shrinkage in a recent year, according to the National Retail Federation (NRF). Retail loss, or “shrinkage” as it is commonly called, is a severe problem in the United States. A retailer loses a certain amount of inventory due to damage, employee theft, and shoplifting. These losses affect your business’s bottom line and your livelihood. In a world where it pays to be an expert on loss prevention, here is a retailer’s guide to help you avoid financial losses.
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More than $112 billion was lost to retail shrinkage in a recent year, according to the National Retail Federation (NRF). Retail loss, or “shrinkage”...
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