Retail Shrink Rises to 1.58%: NRF

Retail shrinkage across all retail sectors increased to 1.58% of sales in 2010, up from 1.44% in 2009, according to preliminary results of the latest National Retail Security Survey, released at the National Retail Federation's Loss Prevention Conference and Expo.

DALLAS — Retail shrinkage across all retail sectors increased to 1.58% of sales in 2010, up from 1.44% in 2009, according to preliminary results of the latest National Retail Security Survey, released yesterday at the National Retail Federation's Loss Prevention Conference and Expo here.

The survey is a collaborative effort between NRF and the University of Florida.

According to the survey, total retail losses cost retailers $37.1 billion last year, up from $33.5 billio

Register to view the full article

test - Advanced Registered User

Already a member? .