The National Ice Cream Retailers Association (NICRA) Things To Know Before You Get This

The average dollar loss per shoplifting incident in 2018 was reported as $559, which is down from 2017's average of almost $800. It's still higher than the $317 average seen in 2015. The 2017 study marked the fourth time in a row that shoplifting has ranked as the top cause for and greatest percentage of inventory shrinking.

The total cost of theft by clients apparently surged by 15 percent over 2015. The BRC estimates that nearly three-quarters of the total cost of retail crime is brought on by external theft. The National Retail Federation's 14th yearly Organized Retail Crime (ORC) Survey, launched in November 2018, revealed that 92 percent of the retail companies surveyed had actually been a victim of ORC in the previous year.

National Retail Policy: to enable the next wave of retail growth - article  - Kearney

Merchants that took part in the 2018 NRSS say that employee/internal theft amounted to 33. 2 percent of inventory diminish in 2017, a slight boost over 2016's 30 percent. The report also discovered that the average loss of dishonest staff member cases reduced from $1,922. 80 to $1,203. 16. Other Retail Theft Data According to the Jack L.

These shoplifter apprehensions revealed an increase of 2. 3 percent over 2016, while unethical staff member apprehensions reduced nearly 4 percent over 2016. More than $188 million was recuperated from the thievesup practically 8. 1 percent from 2015. According to  Also Found Here , almost one in every 35 staff members was apprehended for theft from their company in 2017.

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About, Independent Retailer Month is a store local event that runs yearly throughout July encouraging consumers to patronize independent retailers; highlighting their positive social and financial impact in your area, nationally and internationally. We encourage people to go shopping independent retail year round and to use July as a time to commemorate the independent sellers that help develop our economy; developing more sustainable cities, towns and communities.