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Title: Moving beyond shrinkage: developing a definition and typology of total retail loss
Authors: Beck, Adrian
First Published: 7-Feb-2017
Publisher: Palgrave Macmillan,ASIS International
Citation: Security Journal, 2017, pp. 1-18
Abstract: While the term ‘shrinkage’ has been in use for over 100 years to describe retail losses, there continues to be little consensus on what it actually means and how it should be measured. As retailing becomes ever more complex and demanding, and a greater range of data sources become available, the traditional approaches to understanding and measuring loss in retailing seem increasingly anachronistic. Based upon extensive interviews and roundtable discussions with senior retail executives from Europe and the US, this article puts forward a framework for developing a more inclusive and broad-ranging definition and typology of retail losses, using the umbrella term Total Retail Loss.
DOI Link: 10.1057/s41284-017-0090-5
ISSN: 0955-1662
eISSN: 1743-4645
Version: Post-print
Status: Peer-reviewed
Type: Journal Article
Rights: Copyright © 2017, Macmillan Publishers Ltd. Deposited with reference to the publisher’s open access archiving policy.
Description: The file associated with this record is under embargo until 12 months after publication, in accordance with the publisher's self-archiving policy. The full text may be available through the publisher links provided above.
Appears in Collections:Published Articles, Dept. of Criminology

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