CENTERVILLE, Ohio -- Retail shrink tapered off slightly last year, dropping from 2.09% of annual sales in 1993 to 1.99% in 1994, according to a new survey focusing specifically on supermarkets. When broken out by store type, a higher rate of shrink, 2.26% of annual sales, was reported by conventional supermarkets in 1994. On average, those formats experienced a total loss of $221,028 per store due to shrink. Superstores, defined as larger format stores that also sell nongrocery items like ...
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