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Cash Register Monitoring Equipment
(Photo courtesy bigstockphoto.com)
According to the annual National Retail Security Survey conducted by researchers at the University of Florida in partnership with the National Retail Federation, retail shrink totaled $50.6 billion in 2018, which is up from $46.8 billion the previous year. However, overall shrink averaged 1.38 percent of sales last year, up slightly from 1.33 percent in 2017, but the rate has held around 1.4 percent over the past few years.
Loss Prevention Solutions
Study: Retail shrink topped $50B in 2018, remained flat as a percentage of overall sales
Loss prevention pros report increasing concerns with cybercrime and fraud schemes in annual survey
June 6, 2019
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