We are all familiar with use of the word “shrinkage” to describe the losses experienced by retailers, although it is impossible to find any industry-wide agreement on what it actually means or the types of losses that are typically included when it is used by different retailers. For some, it
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Articles by Adrian Beck and Colin Peacock
In the generally unyielding area of retail loss prevention, few U.S. corporations have been highly successful in staunching the pervasive problem of inventory shrinkage—the problem that refuses to go away. This article highlights nine key shrinkage control approaches that could potentially save U.S. retailing billions each year.
For retail loss prevention practitioners across