During the 2016 calendar years, the average retail business inventory shrink rate increased from 1.38 percent in 2015 to 1.44 percent, according to information from the National Retain Security Survey of 2017. A total of 37 percent of all retail inventory loss was the result of shoplifting by outside customers, which was followed by employee theft at 30 percent, administrative errors representing 21 percent and vendor fraud, five percent. The total worth of all this lost inventory was $48.9 billion.
While you may be using anti-theft tags and video surveillance to deter theft, this may not […]
