Retail crime, violence and theft continue to impact the retail industry at unprecedented levels. NRF’s National Retail Security Survey is an annual survey of retail loss prevention professionals capturing data about risks, threats and vulnerabilities, as well as forward-looking priorities.
This year’s study found that 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 also examines drivers of shrink, the increased threat of violence associated with retail crime and other priorities.