Retailers Call Out Organized Theft Hitting Profits

May 24, 2023 · 16m 8s
Retailers Call Out Organized Theft Hitting Profits
Description

The amount lost to theft by retailers, known as "shrinkage," is rising sharply, according to execs at major chains. Organized shoplifting is https://seekingalpha.com/news/3973563-executives-call-out-rising-retail-theft-hitting-profits and is becoming "normalized," says one expert....

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The amount lost to theft by retailers, known as "shrinkage," is rising sharply, according to execs at major chains. Organized shoplifting is hitting bottom lines and is becoming "normalized," says one expert. And it extends to the supply chain.

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Executives call out rising retail theft hitting profits
Shrinkage Crisis: Target's Financial Battle Against Organized Retail Crime
Target issues soft earnings forecast due to inventory, retail theft impacts
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Author Seeking Alpha
Organization Seeking Alpha
Website seekingalpha.com
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