NRF Study: Inventory Shrinkage Last Year Lowest Ever

Washington—In 2014, inventory shrink rose to $44 billion in losses for retailers, according to a recent study from the National Retail Federation. “Inventory shrink” includes: Shoplifting (38%) Employee/internal theft (34.5%) Administrative and paperwork errors (16.5%) Vendor fraud or error (6.8%) Unknown loss (6.1%) When it comes to loss prevention budgets, nearly 2 in 5 of […] The post NRF Study: Inventory Shrinkage Last Year Lowest Ever appeared first on Accessories Magazine.