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Think. Again.

(19,131 posts)

6. Theft has not increased for decades...

Thu Dec 19, 2024, 01:16 PM

Dec 19

"The 2023 release, which covers data from retailers about 2022, found that total shrink in the industry amounted to 1.6% of sales. 36% of that shrink was attributable to external theft or shoplifting. That is identical to the total shrink in the industry the survey found in 2019. The survey has found shrink has been at roughly the same levels for decades. In 2011, for example, the survey found shrink amounted to 1.5% of total retail sales. In 2005, it was 1.6%. The percentage of shrink due to shoplifting has also remained steady." -from the article

I guess they lock up merchandise due to hiring less employees on the floor.

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Judd Legum: Lies, damn lies, and shoplifting statistics [View all] Nevilledog Dec 19 OP

I worked at Sears for 4 years when I was in college. Phoenix61 Dec 19 #1

Except as the full article points out, there hasn't been an increase in shoplifting. Think. Again. Dec 19 #3

College was 1980-1984, quite a while ago. Phoenix61 Dec 19 #8

Yes, but it hasn't gone up recently.... Think. Again. Dec 19 #10

In addition to promoting the anti-theft company that sponsor this questionable report... Think. Again. Dec 19 #2

Why are retailers locking up toothpaste and tide pods? Mosby Dec 19 #5

Theft has not increased for decades... Think. Again. Dec 19 #6

The reports are wrong, that's why they are discontinued. Mosby Dec 19 #7

The reports were discontinued because the data hasn't changed in decades. Think. Again. Dec 19 #9

When employees are underpaid, shrink increases Maeve Dec 19 #4