Stealing A Quick Look

Study finds geographic, cultural links to shrink

From Mar 2009 | By David P. Schulz | Tags: Loss Prevention, Nuts & Bolts

High-theft goods left unprotected in stores: 30.3%

Highest shrink rate as a percent of sales: 3.1% — India

Lowest shrink rate as a percent of sales: 1.01% — Japan, Austria and Switzerland

Auto parts and hardware/building materials have the highest average rates of shrinkage: 1.76%

Liquor/off-licenses show lowest rate of shrinkage: 0.77%

Average amount stolen per apprehended employee: $1,842

Average amount stolen per apprehended shoplifter: $328

Cost added to every family’s shopping bill as a result of retail theft, fraud and other shrink: $229.73

Source: Global Retail Theft Barometer

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