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Brums [2.3K]
3 years ago
14

Walmart Approximately what percentage of shrink is caused by theft

Business
1 answer:
Olenka [21]3 years ago
7 0

About 1.4 percent of the shrink in revenue is caused by Theft for Walmart.

Explanation:

Theft and shoplifting are huge problems in retain markets and supermarkets where buying groceries is done by the person and many attempt to shoplift a few items that they want to have.

According to the National Retail Federation around 1.4 percent of the sale is affected by theft and shoplifting.

Other forms of damage to the sale comes from theft from employees which is counted in the statistic here and the errors in system and cashier errors in collection, faulty and invalid currency.

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