This year’s study found the average shrink rate in FY 2022 increased to 1.6%, up from 1.4% in FY 2021. When taken as a percentage of total retail sales in 2022, that shrink represents $112.1 billion in losses. The report examines drivers of shrink, increased threat of violence associated with retail crime and other priorities.

Momentum is building in Congress to pass the Credit Card Competition Act. Thousands of retailers and consumers have made their voices heard by urging Congress to act.

Halloween participation returned to pre-pandemic levels this year, according to the National Retail Federation’s annual survey conducted by Prosper Insights & Analytics.

RLA’s reverse logistics expertise will help NRF members ‘close the loop’ and accelerate the emergence of the circular economy.

NRF’s President and CEO, Matthew Shay, speaks with Fox Business about the impact of theft on retail and outlines possible solutions to the crime problem.