Quote:
Originally Posted by RI Swamp Yankee
Business courses I took defined shrinkage as - A reduction in inventory due to shoplifting, employee theft, paperwork errors and supplier fraud. (the same thing as MJM said)
|
The numbers change from year to year, but Wikipedia—this year—says I'm 45% right.
Another:
Quote:
"Not only can customer theft account for 48% of revenue loss  (2003, European Theft Barometer), it also has a negative effect on your business due to ‘defensive’ merchandising and obtrusive ‘hard tags’..."http://www.artrm.com/retail/shrinkage/
|
A recent example:
I bought a memory card at a Concord Wal-Mart this October. While removing my purchase from its oversized blister-pack and placing it on a "re-use" pile behind him, the Wal-Mart cashier advised me, "...Before the blister packs, this Wal-Mart was losing 50% of their memory cards to customer theft."
...
There may be a perfectly-legal reason this brand-new wood stove made it to
www.craigslist.com but—particularly if "self-insured"—the stove's manufacturer could be interested-enough to make contacting them worthwhile.
