The Latest Breaking News from Ben Dugan

Retail group pulls back on claim organized retail crime accounts for nearly half of inventory loss

The National Retail Federation has revised a report released in April that pulls back the claim that organized retail crime accounts for nearly half of overall industry shrink, which measures overall loss in inventory, including theft

The Independent UK · Dec 7, 2023

US retail group retracts claim that half of $94.5bn inventory loss was from theft

National Retail Federation says data was flawed and based on congressional testimony from president of an advocacy group

The Guardian - US · Dec 7, 2023

The NRF backs off claims that 'organized retail crime' accounted for half of inventory losses in 2021

Potentially incorrect data was used for analysis.

Fortune · Dec 6, 2023