Events | 2009.11.10
Global Retail Theft Barometer Study Finds Retail Theft Reaches $115 Billion Worldwide
THOROFARE, N.J.--(BUSINESS WIRE)--Checkpoint Systems, Inc. Recession and reduced loss prevention spending lead to largest increase in shrink since study’s inception Global shrink average rises by nearly 6%, reaching 1.43% of retail sales Cost of theft equal to an average of $208 per family Highest shrinkage by category: Apparel theft in accessories and fashion clothing reached 3.85% of sales, while meat theft in supermarkets hit 3.38% The level of global retail theft reached $114.8 billion
For more information, please visit
http://www.businesswire.com/news/home/20091110005091/en
