Retail shrink has reached crisis levels, reaching $132 billion annually (Capital One Shopping Research), cutting deeply into profits and straining already stretched asset protection (AP) and loss prevention (LP) teams.
Theft is more organized, internal fraud more sophisticated, and audits more timeconsuming. Meanwhile, most LP leaders are fighting modern challenges with outdated technologies built for a different era.
To understand how retailers are adapting, Solink surveyed 150 enterprise and multilocation decision-makers (including loss prevention and asset protection leaders) across the United States, Canada, and the UK.
