ABL Sector Must Stay Vigilant Amid ‘Growth of Shrink’
ABL Sector Must Stay Vigilant Amid ‘Growth of Shrink’
By: Bill Mayer
In what might be thought of as “the growth of shrink,” American retailers are pointing to shoplifting, organized retail crime and employee theft as significant drags on their profitability. The big-box discounter Target, for one, said its profits could take a $500 million hit from shrink this year alone. Notably, in a recent CNBC appearance, […]