*The 2006 National Retail Security Survey conducted by the University of Florida.
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Retail Loss Statistics
- The amount of financial loss caused by the typical dishonest employee theft is $1023.00.
- A dishonest employee typically works for his/her employer an average of nine (9) months.
- The value of the average amount of merchandise taken by the typical shoplifter is $128.00.
- Employee theft and shoplifting was the number one and two biggest concerns respectively among retail loss prevention professionals.
- Retail segments with higher than average shrink rates as a percent of sales include: Gifts (2.91%), Toys & Hobbies (2.82%), Optical (2.59%), Convenience Stores (2.23%), Discount Store (2.01%), Sporting Goods (1.91%), Department Stores (1.89%), Drug Stores (1.82%), and Supermarkets (1.81%).
*Information published by About.com.
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