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High-Shrink Store Programs: Why Focusing Your Resources on the Worst Performing Stores Will Reap the Most Benefits
Protiviti
Retailers are used to managing a certain amount of shrink in the business - it is a fact of life. However, that does not mean that executives should accept that shrink cannot be substantially reduced, particularly in an age where corporate financials are under the microscope on a regular basis. High-shrink programs, which marshal resources from all levels of the retail organization, are a key tactic in driving down shrink at outlets with the highest loss rates.
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