Retail Inventory Shrinkage

Retail inventory shrinkage (or just “shrink”) is the loss of goods due to theft, damage, or errors in a store’s stock records. It creates a gap between the inventory a store should have and what is actually available, leading to lost sales and reduced profits. Shrinkage can result from shoplifting, employee theft, mishandling, or administrative mistakes. Retailers combat shrinkage through security measures, staff training, and precise inventory tracking to safeguard their revenue.

Latest Articles

Shrinktoberfest Webinar: No Tricks Just Treats to Support Your Holiday Asset Protection Strategy

Join us for the pre-season push to gear up with our subject matter experts as we talk about internal theft trends, AP data analytics, and new ways to identify counterfeit currency.

Can a Security Screening Device Increase Workplace Safety While Reducing Shrink? Industry Leaders from Saks, ALTO, and Fanatics Say Yes!

In this article, read how Thruvision's security screening devices increase workplace safety and minimizes shrink all in one.

WHITE PAPER: How Retail Loss Prevention Can Fight Fraud and Reduce Shrink

In this white paper, Michael Leithner, retail loss prevention specialist at TransUnion, explores how the right tools can transform data into actionable insights that retail loss prevention teams can use to fight fraud and reduce shrink.

Tech-Driven Defense: Solutions and Strategies to Help Retailers Stay Ahead of Shrink

In this Sensormatic and LPF webinar, a team of retail professionals discussed their ideas and proactive strategies to tackle hot topic issues such as internal shrink, ORC and return fraud; all while keeping consumer expectations and safety in mind.

Shrink + Markdowns = Fully Loaded Impact

While often expected and sometimes necessary to drive the business forward, markdowns still impact the bottom line, especially when considering the unbudgeted, store-initiated markdowns generated to mitigate aging or excessive inventory.

How Supermarkets Can Reduce Fresh Food Shrink

Read more here on how supermarkets use certain techniques to reduce shrink, fight theft, and improve store margins.

- Advertisement -

How to Eliminate Shrink Caused by Returns

Retailers can reduce returns by aiming at preventing returns in the first place. But how can this be achieved?

Transforming Shrink Reduction in Global Retail Organizations with Facility Intelligence

See how facility intelligence is leveraging technologies like AI to revolutionize loss prevention in large global retail organizations.

We Can and Need to Solve the Problem of Retail Shrink

The three major challenges which have been elevated as the highest US priorities for loss prevention are active shooters, safety, and organized retail crime.

ADT’s EAS Systems and Accessories Protect from Shrink

As a premier provider of EAS in the United States, ADT Commercial’s 58 kHz AM systems are designed to help protect your locations from shrink.

12 3...14 Page 1 of 14

Digital Partners

Become a Digital Partner

Violence in the Workplace

Download this 34-page special report from Loss Prevention Magazine about types and frequency of violent incidents, impacts on employees and customers, effectiveness of tools and training, and much more.

Download It Now

Retail Inventory Shrinkage

Latest Articles

Digital Partners

Violence in the Workplace

Webinars

Upcoming LPF Webinar Focuses on Customizable Compliance

Threat Awareness Webinar Available On-Demand

Shrinktoberfest Webinar: No Tricks Just Treats to Support Your Holiday Asset Protection Strategy

Whitepapers

WHITEPAPER: Leveraging Law Enforcement and Security Measures to Combat ORC

WHITE PAPER: How Retail Loss Prevention Can Fight Fraud and Reduce Shrink

An Integrated Approach for Retail Security Leaders: Effective Strategies and Results

LP Solutions

Modernizing PoE Networks for Loss Prevention and Physical Security: Familiar vs. Right

Observations of a Loss Prevention Warhorse

Key Steps to Securing Self-Checkout