Retail Shrink Losses Grew to $41.6 Billion Last Year, Says Survey

Total retail losses attributable to shrinkage increased last year to $41.6 billion, according to the preliminary results of the National Retail Security Survey, released yesterday at the National Retail Federation’s Loss Prevention Conference & Expo.

SAN DIEGO — Total retail losses attributable to shrinkage increased last year to $41.6 billion, according to the preliminary results of the National Retail Security Survey, released yesterday at the National Retail Federation’s Loss Prevention Conference & Expo here. The survey, in its 15th year, is a collaborative effort between NRF, Washington, and the University of Florida. The survey found that retail shrinkage — defined as inventory losses occurring from employee theft, shoplifting,

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