30 Shocking Retail Loss Prevention and Violent Crime Statistics for 2019
In 2019, retail crime remains one of the most serious problems facing superstores, retail chains and grocery stores. How big of a problem is it? Inventory shrinkage costs the U.S. retail industry over $45 billion each year. Internal theft, shoplifting, fraud and organized retail crime (ORC) can have a crippling effect on profit margins. In fact, almost all retailers have been impacted by ORC. But more importantly, retail crime puts shoppers and employees in danger. That’s why