$112.1 Billion in Retail Shrinkage According To National Retail Federation Survey
The National Retail Federation (NRF) just released its 2023 Retail Security Survey. Retail shrinkage accounted for $112.1 billion in losses in 2022. Organized retail crime (ORC), homelessness concerns and non-ORC theft were top on the list of risks and threats. Retailers in the survey cited security personnel as one way of stopping or apprehending shoplifters. […]