Companies say these incidents have led to a spike in merchandise losses, known as shrink. The metric incorporates inventory losses caused by external theft, including organized retail crime ...

designed to help prevent inventory shrinkage, the discrepancy between recorded inventory and actual stock. The solution, OmniPoint, seeks to address pain points OneRail found in a survey of 300 ...

Retailers have been increasingly concerned about a loss of profits because of shrinkage – an industry term that refers to the difference between the inventory a store has on its balance sheet ...

While the dollar figure is up from 2021’s $93.9 billion, the report found the average rate of shrink – the difference between the inventory a store has on its balance sheet and its actual ...

The retailer estimated in its earnings release Wednesday that inventory shrinkage — mostly the theft of merchandise — would clip profits by a whopping $500 million this year. Factoring in an ...

Organized retail crime has contributed to a $94.5 billion inventory-shrink problem for the retail industry. Companies from Walgreens to Target have been sounding the alarm on growing retail theft ...

TrackMaster 3X is designed to help retailers take control of stock accuracy, shrinkage, and store performance.

Retail shrinkage—covering everything from theft and fraud to inventory discrepancies and supplier errors—costs U.S. retailers nearly $100 billion annually. Fortunately, advances in AI are ...

But Target COO Michael Fiddelke also cited a decrease in “inventory shrink” – or losses from shoplifting – for the company’s rebound. Target said it was making “progress” addressing ...

A number of U.S. office markets are seeing their inventory shrink in the wake of weaker demand for office space and a push to convert vacant office towers into new uses. A recent analysis by ...