Retailers across the country, including Target, say one metric is finally improving: Shrink is returning to pre-pandemic levels. That’s good news for the Minneapolis-based retailer’s bottom line. At ...
Target has seen its “shrink” - an industry term for lost inventory from behaviors such as shoplifting - return to pre-pandemic levels after a rash of thefts had plagued stores in recent years, ...
Despite enhanced safety measures, retail theft remains a significant challenge for business, potentially costing the industry more than $140 billion in 2025, according to recent estimates. By 2026, ...
If you were paying attention to retailers' earnings reports in 2023, you undoubtedly heard the term “shrink” cited as a key factor contributing to margin erosion and poor earnings performance. Shrink ...