Originally posted by Drycreek3189
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Shoplifting is also accounted for during annual or semi-annual inventory-- it's just harder to do with certainty. Store brings in merchandise valued at x-amount; y-amount of sales occur during a one-year time period. Value of merchandise on hand, plus that sold during the year should balance with merchandise brought in for the year. Shoplifting is difficult to quantify, but is a large factor in "shrink" of the value total of on-hand merchandise. Damage and store-use items are trackable to a greater extent.
Thieves cost everyone.
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