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Retail Inventory Shrinkage

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NRF Reports Retail Shrink Is a $100B Problem

Retail shrink, when taken as a percentage of total retail sales in 2021, accounted for $94.5 billion in losses last year, up from $90.8 billion in 2020, according to the 2022 National Retail Security Survey.
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Shrink Prevention on a Budget

If you’re debating a technology change because of underperformance, end of life, cybersecurity concerns, or availability, the first decision you’ll need to make is choosing the right platform.

Ask the Expert: Controlling Grocery Shrink

The 2020 National Retail Security Survey revealed shrink was at an all-time high, accounting for 1.62 percent of a retailer’s bottom line, costing the industry $61.7 billion.

How to Calculate Shrinkage in Retail

Understanding how to calculate shrinkage in retail is important. However, understanding why it is important to control these results and how we can impact company profitability by both improving sales and controlling retail shrinkage is the key to success.

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