3 ms·
Given the dubiousness of their original number, I am taking all of that with a grain of salt. This page[0] lists the 2022 shrinkage for a few companies, and sa
by fbdab103 3y ago
Given the dubiousness of their original number, I am taking all of that with a grain of salt.
This page[0] lists the 2022 shrinkage for a few companies, and said Target was at $753M. Target is a huge national brand. Are there really ~100x more companies of Target's size experiencing equal shrinkage annually? How does the math work to get to $95B?
[0] https://www.cnbc.com/2023/09/08/this-is-how-much-money-retailers-are-losing-to-shrink-retail-theft.html https://www.cnbc.com/2023/09/08/this-is-how-much-money-retai...
- stickfigure 3y agoYou underestimate the sheer number of small retail stores. Every town, no matter how small, has many.