While technology has advanced, loss prevention remains a problem in the nonfood categories for retailers
Shrink in nonfood categories has not shrunk. Despite new and improved loss prevention strategies and advanced anti-theft technologies, many retailers still don't have a handle on shoplifting. Some blame employee negligence. Others claim that the high cost of security equipment and the extensive manpower required to effectively monitor a complete system are not worth the hassle. Whatever the excuse, shrink is a matter that can't be ignored, retailers told SN. “Shrink is definitely a big ...
SIGN IN TO ACCESS THIS ARTICLE
Registering for Premium 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.