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Shrinking Shrink: Best Practices for Managing Shrink

Shrinking Shrink : best Practices for Managing Shrink 3160 Pinebrook l Park City, UT 84098 l 2 2 Contents Shrinking Shrink 3 So What is Shrink Exactly? 3 Where Does Shrink Come From? 3 Managing Shrink 3 Employees 3 best Practices 4 Technology 4 A Solution That Fits 5 Conclusion 7 About Park City Group 8 3 3 Shrinking Shrink Shrink is a daunting problem for retailers and suppliers alike. According to a recent National Retail Security Survey, Shrink costs the retail industry about $31 billion annually. For some retailers, Shrink accounts for a staggering 20% of operating profits.

33 SHRINKING SHRINK Shrink is a daunting problem for retailers and suppliers alike. According to a recent National Retail Security Survey, shrink costs the retail industry about $31 billion annually.

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