Beyond Shrinkage: Introducing Total Retail Loss

A new way of thinking about retail loss.

retail loss, inventory shrinkage definition

Article Excerpt

A major new report published by the Retail Industry Leaders Association (RILA) puts forward a dramatically different way of thinking about the problem of retail loss and how it might be defined and measured in the future.
The Situation
There is little consensus on what constitutes “loss” within the retail world nor…

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  • Interested in risk rating assessment templates for minimising shrinkage in retail outlets

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