NRF Retail Security Survey 2016

 

NRF 2016 NATIONAL RETAIL SECURITY SURVEY

The National Retail Federation (NRF) and Dr. Richard Hollinger of the University of Florida jointly conducted a survey to develop and analyze retail loss prevention benchmarks. The research is in its 25th year. The survey examines:

•  Inventory shrinkage
•  Staffing and budgeting for the loss prevention departments
•  Employee integrity screening
•  Loss prevention training and awareness programs
•  The impact of dishonest employees
•  The costs of external retail crime

Some key statistics in The 2016 National Retail Security Survey report include:

•  US inventory shrink rate is 1.38%
•  Inventory hrink cost the US retail industry $45.2 billion in 2015
•  48.1% of retailers surveyed reported increases in overall inventory shrink
•  Employee theft/internal was responsible for almost 36% of total inventory shrink

 

Learn more by reading the NRF press release, login to the NRF site to download The 2016 National Retail Security Survey report.