The Global Retail Theft Barometer™ is the first and only global research on the cost of shrink, comprised of shoplifting, employee or supplier fraud and administrative errors.
The study provides data to help retailers around the world benchmark their performance against averages for specific merchandise, vertical markets and regional geographies.
Launched initially in 2001 for the European market, by retailer’s demand, the research was expanded in 2008 to cover global markets in the Americas and Asia Pacific.
The objective of the Global Retail Theft Barometer is to understand shrink trends, as well as the leading causes and methods of prevention. Since 2013, the study’s traditional focus on shrink management has grown to include information on the cost of merchandise theft and trends in merchandise availability.
The report’s findings are now based upon a combination of online surveys completed by loss prevention, finance and operation key decision-makers of industries such as food, apparel or health & beauty, as well as personal, in-depth interviews with retail executives.
Over the years, the findings from the Global Retail Theft Barometer have been widely quoted and used by retail executives in developing their organizations’ shrink management strategies. Each year’s report acts as a reference point for the retailing community and important influencers, from analysts and media outlets to government officials, lawyers, judges and legislators.
The 100+ page report is published in English and translated in Spanish, French, German, Italian, Portuguese, Chinese and Japanese.
The Global Retail Theft Barometer is funded by an independent grant from Checkpoint Systems, Inc. ®.