Tag: shrinkage

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 results in lost profits and can have a dramatic impact on the success of the retail enterprise.

The term “retail shrink” or “retail   Read More

A Look Inside This Edition

This issue of the LP Magazine print edition includes articles from multiple sources representing a wide range of subjects. I thought it valuable to comment on some and ensure that you know the breadth of information vehicles we provide the industry.

The cover feature on Rite Aid’s use of a crowdsourcing   Read More