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, ...
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