Retailers Wrongly Think Shrink Is Worse for Competitors: Survey

Most major retailers wrongly perceive that shrink is a bigger problem for their competitors than for their own organizations, according to a new research report from the Loss Prevention Research Council.

CAMBRIDGE, Mass. — Most major retailers wrongly perceive that shrink is a bigger problem for their competitors than for their own organizations, according to a new research report from the Loss Prevention Research Council. According to the study of 107 U.S. retailers, sponsored by Intellivid here, only 10% characterized their shrink as high compared with competitors, while 65.5% said it was average. One reason for this result may be that there is no agreed-upon shrink measurement method, acco

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