If it's statistics you want about loss prevention, don't fret, the numbers are everywhere. The latest National Retail Security Survey shows U.S. retailers lost more than $13.2 billion from just employee theft last year and $29 billion overall. Employee theft was up 2%. The University of Florida-sponsored study revealed the major culprits of inventory shrinkage as: Employee theft, 44.5% Shoplifting, 32.7% Administrative error, 17.5% Vendor fraud, 5.1% For supermarket operators, ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.