by Ombliss22 on December 19th, 2011

Ombliss22

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What percentage of the goods do shops expect to be stolen?

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  • by More2Be on December 19th, 2011

    More2Be

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    Selected by the asker, Ombliss22. (What's this?)

    Inventory loss from all sources, including employee pilferage, shoplifting, administrative error, and vendor theft, generally runs in the range of 1% to 2%. I recall a 1.5% figure being an industry standard when I was in retail 30 years ago.

    A report from 2002 shows an average of 1.7%, with shoplifting accounting for 0.6% of loss. The greater share was in employee theft. A similar survey showed 1.44% loss for 2009, possibly with improved security and surveillance technology paying off.

    http://www.jrrobertssecurity.com/security-news/security-crime-news0024.htm
    http://www.nrf.com/modules.php?name=News&op=viewlive&sp_id=945
    http://retail.about.com/od/lossprevention/tp/shrink_sources.htm

    Small-time retailers get hit the worst since they often do not have formal policies that make employee theft difficult, and they can less afford technology aids that may prevent theft. Walmart has long made loss prevention a high priority, with its impressive array of store cameras. Less than 2% may not sound like a whole lot, but in a competitive business such as grocery retailing that exceeds the store's net profit margin.

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  • by (^_^) on December 19th, 2011

    (^_^)

    not expecting but only few display samples would not much make loss for them, I guess.

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