Tag: Retail shrink

News & Trends

Retail shrink rose to all-time high in 2019

July 24, 2020

Via: RetailWire

Buoyed by increased incidents and new ways to steal, theft, fraud and losses from other retail “shrink” rose to $61.7 billion in 2019, according to the National Retail Federation’s (NRF) annual “National Retail Security Survey.” The record haul by thieves […]

E-payment & Data Security, News & Trends, Tech

Retail shrink totaled nearly $62B in 2019

July 17, 2020

Via: Retail Dive

According to the NRF’s previous research, retail shrinkage totaled $46.8 billion in 2017, indicating that retail’s shrink problem has continued to grow over the past few years. “Between an increase in incidents and new ways to steal, shrink is at […]