US Shrink Up
Published Jun 06, 2009 00:00 AM
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Acoording to the NRF, shrink is up significantly between 2007 and 2008 (rising from $34.8 M USD to $36.5 M USD). The report also has a breakdown of loss by category. It's also reasonable to assume that shrink continues to rise in 2009. This is a driver for the security systems industry.
On the other hand, NRF-LP attendees in Los Angeles this week, all reported that the show floor was generally slow and quite bad on the second day.