Shrinkage is a pain point faced by merchants in all retail segments. In 2011, shoplifting/fraud was expected to cost U.S. retailers $8.9 billion during the holiday season, according to the 2011 National Retail Security Survey conducted by the Centre for Retail Research. During that time total shrinkage reached $35.28 billion, with the greatest amount – more than 44% – caused by employee theft.
This infographic, courtesy of Tyco, highlights shrinkage affecting retailers by industry segment; and how integrated solutions, such as security systems and RFID, can reduce the problem.
Shrinkage is a pain point faced by merchants in all retail segments. In 2011, shoplifting/fraud was expected to cost U.S. retailers $8.9 billion during the holiday season, according to the 2011 National Retail Security Survey conducted by the Centre for Retail Research. During that time total shrinkage reached $35.28 billion, with the greatest amount – more than 44% – caused by employee theft.
This infographic, courtesy of Tyco, highlights shrinkage affecting retailers by industry segment; and how integrated solutions, such as security systems and RFID, can reduce the problem.
