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Reducing Shrink

We all know that shrink is a reality in retail, but what can be done about it?

Obviously shrink through outright theft, sweethearting, swiping, and other methods reduces profits and causes headaches with inventory. It can be hard to get an exact picture of how much it is costing you without some rigorous inventory control methods, but the cost can be significant. Besides the dollar amount of the losses, your staff have to spend additional hours every week looking for items and counting inventory, and then you have to restock those items.