Shrink Down but Organized Crime on Rise: FMI Report

ARLINGTON, Va. — Shrink in supermarkets declined for the third straight year, to a median of 1.52% of sales in 2006, as food retailers devoted more technology, training and employee vigilance to combat theft and other losses, according to the Food Marketing Institute’s “Supermarket Security and Loss Prevention 2007” report, which was released this week.

ARLINGTON, Va. — Shrink in supermarkets declined for the third straight year, to a median of 1.52% of sales in 2006, as food retailers devoted more technology, training and employee vigilance to combat theft and other losses, according to the Food Marketing Institute’s “Supermarket Security and Loss Prevention 2007” report, which was released here this week. The 2006 shrink figure is down from 1.69% of sales in 2005 and 2.00% in 2004. At the same time, supermarkets continue to report increase

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