Study: Retail losses β and apprehensions β soar in 2022Shrink is on the rise. And so are loss recoveries. Eighty-one percent of U.S.-based retailers reported that shrink increased in 2022, according to βThe 35th Annual Retail Theft Survey,β from loss prevention and inventory shrinkage control consulting firm Jack L. Hayes International. Average theft value per case hit $846.11 last year, a 17.1% increase from $722.38 in 2021. Source: Chain Store Age |