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By Shari Waters, About.com Guide to Retailing

Identify and Prevent Retail Theft

Tuesday June 30, 2009

Results of the National Retail Security Survey, released at the National Retail Federation’s Loss Prevention Conference and EXPO, show that retail shrinkage averaged 1.52 percent of retail sales in 2008, up from 1.44 percent in 2007.

As we focus on cutting expenses, retailers must continue to identify and prevent retail theft as a way to improve profitability.

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