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In response to
"Target closing 9 stores in major cities due to retail theft -- (link)"
by
budice
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When reported as a percentage of sales as is commonly done, average annual shrink increased to 1.57%, up from 1.44% in 2021.
Posted by
colin (aka colinski)
Sep 26 '23, 12:39
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The share is largely in line with past years and is considered a normal and healthy level of shrink by industry experts. Generally, retailers plan for about 1% to 2% of shrink each year.
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Responses:
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