SURVEY PUTS 1993'S SHRINK AT 1.79% OF RETAIL VOLUME

GAINESVILLE, Fla. -- A newly released survey examining retail losses due to shoplifting and employee theft puts annual supermarket shrink at 1.79% of total retail sales, up from 1.5% in the prior year.1.95% of total sales, or $20 billion.The 38 participating supermarket companies represented the single-largest retail group polled, 11.3%. Supermarkets said employee theft accounted for about 42% of

GAINESVILLE, Fla. -- A newly released survey examining retail losses due to shoplifting and employee theft puts annual supermarket shrink at 1.79% of total retail sales, up from 1.5% in the prior year.

1.95% of total sales, or $20 billion.

The 38 participating supermarket companies represented the single-largest retail group polled, 11.3%. Supermarkets said employee theft accounted for about 42% of total shrink; shoplifting, 33.4%; administrative error, 13.5%, and vendor fra

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