SHRINK LOSSES GREW TO 2.24% OF SALES IN 1997, SURVEY SAYS

LOS ANGELES -- Supermarkets' shrink losses climbed to 2.24% of retail sales in 1997, up 11% from the 2.01% reported in 1996. Shrink has remained over 2% for the past five years, according to a survey released this earlier this month.While areas traditionally contributing strongly to shrink, shoplifting and employee theft, declined slightly, the survey did note an increase in losses from back-door

LOS ANGELES -- Supermarkets' shrink losses climbed to 2.24% of retail sales in 1997, up 11% from the 2.01% reported in 1996. Shrink has remained over 2% for the past five years, according to a survey released this earlier this month.

While areas traditionally contributing strongly to shrink, shoplifting and employee theft, declined slightly, the survey did note an increase in losses from back-door receiving practices, including vendor dishonesty. Cashier "sweethearting" also increased

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