HOUSTON -- Retail shrink losses among supermarkets in 1996 represented 2.01% of overall sales on average, a slight decrease from the year prior when losses averaged 2.09% of sales, according to a new report released last month. Losses attributed to employee theft, however, were on the rise and represented 55% of retail shrink, the highest figure reported since 1992. Shoplifting, too, hit new highs in 1996 and accounted for 27% of shrink losses compared with 24% in 1995. Those are among the ...
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