2011 Highlights
Global Facts At-A-Glance:
- 1,187 retailers surveyed
- 43 countries around the world
- The cost of shrink globally was up 6.6% in 2011
- Money spent globally on loss prevention/security rose by 5.6% to $28.3 billion
- Shrink represents 1.45 percent of retail sales
- Highest shrink found in:
- Apparel high-risk product lines: accessories and outerwear
- Grocery high-risk product lines: fresh meat and cheese
- Health and Beauty high-risk product lines: shaving products and perfumes/fragrances
- Countries with highest shrink rates: India, Russia, and Morocco
- Countries with lowest shrink rates: Japan, Hong Kong, and Taiwan
- Global cost of shrink: $199.89 per family
Click here for a summary of the 2011 GRTB study.