POS SOFTWARE
The following are a selection of points from the newest US study on loss prevention; you can read the full list here. [Link removed]
The average shrink rate is now 1.33%, which is slightly up on previous years.
41% of retailers surveyed reported increases in overall inventory shrink.
36.5% of shrink is external, due to shoplifting and ORC, outpacing shrink caused by employee theft, vendor fraud and administrative errors.
44% of shoplifters interviewed said that if an employee paid attention to them while they were committing theft, it would deter them.
Here is one that was quoted to me not on this list one in 34 retail employees have been in the USA charged with shop theft.
