Tag: how to calculate shrinkage in retail


The Link Between On-Shelf Availability, Sales, and Loss

The Link Between On-Shelf Availability, Sales, and Loss

You are driving to work as a supermarket supply-chain manager. The hot weekend weather has continued, it’s a lovely Monday morning, yet you’re surprised when your boss calls so early. Agitated, he shares how he just discovered from the CEO that all stores were reporting a massive sales loss because   Read More


Improving Retail Employee Engagement Can Help Manage Loss

Improving Retail Employee Engagement Can Help Manage Loss

For the majority of retailers, loss is an inevitable part of doing business. What form this loss takes and, critically, how much it costs the business varies enormously depending upon the type of retailer and the quality of their operations. In addition, the customer experience is often heavily dependent upon   Read More


The 60-Second Guide to Total Retail Loss

The 60-Second Guide to Total Retail Loss

A new report from the Retail Industry Leaders Association advocates a radical new way to think about how to understand and measure retail loss.
Shrink No Longer Cutting the Mustard

There is no agreed definition of what constitutes “shrinkage.”
Most estimates are based only upon measures of merchandise losses where the cause is   Read More


How to Calculate Shrinkage in Retail

How to Calculate Shrinkage in Retail

Understanding how to calculate shrinkage in retail is a fundamental but critical concept within the loss prevention profession as well as throughout the retail industry. Ultimately, retail shrink directly results in lost profits, and can have a dramatic impact on the success of the retail enterprise.

Let’s begin by establishing a   Read More