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Global retail theft barometer report
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Global retail theft barometer report

Date:01.02.2017, 09:05 Grocery Loss Prevention Spending 2011 Tagging and RFID. 'Shrinkage' or 'shrink' is inventory loss caused by crime or administrative error. In this report it is measured as a percentage of retail sales value. The Survey. The GRTB 2011 survey of major retailers in all business sectors in 43 countries provided 1,187 useable responses, 25., with combined sales. Total global shrink in 2011 cost retailers 119.092 billion, an average of 1.45 of global retail sales. The shrinkage rate was an average of 6.6 higher than 2010. Last year shrinkage was 108.092 billion (1.36 of sales adjusted for the inclusion of South Korea and exchange rate changes. 35.9 of retailers reported that actual and attempted shoplifting rose last year and 24 suffered higher employee theft. The costs of retail crime-plus-loss prevention were 128 billion in 2011 equivalent to 199.89 per family. The results are grossed up to be equivalent the size of every national retail market surveyed. Causes of Shrinkage The causes of shrinkage reflect retailer perceptions of the causes of shrinkage in their own businesses.
Global retail theft barometer report

Global retail theft barometer report Global retail theft barometer report


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