The 2011 study traces retail theft in 43 countries across more than 250,000 stores and reports that retailers have absorbed millions of dollars of losses in food products. The profit loss is attributed mainly to theft by employees, organized crime rings and petty criminals.
"Organized crime rings target specialty items and products that are easy to sell in other venues," said Farrokh Abadi, president of shrink management solutions at Checkpoint Systems Inc., a Philadelphia-based retail security firm that funded the study.
25 October 2011
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