3 ms·
Shrinkage is shoplifting.
by juiceandjuice 14y ago
Shrinkage is shoplifting.
- MattGrommes 14y agoI believe shrinkage is most commonly used by retailers to mean theft by employees. Shoplifting is customer theft.
- sparky 14y agoShrinkage encompasses all of the above [1]. The retailer I worked at for a few years (::shudder::) used this definition. [1] http://en.wikipedia.org/wiki/Shrinkage_(accounting) http://en.wikipedia.org/wiki/Shrinkage_(accounting)
- juiceandjuice 14y agoShrinkage is any loss of product, hence shrinkage of inventory. (I worked at a grocery store for four years, the same company my dad has worked at since 1977)