In fact, shrink (the retail industry’s term for losses) has remained fairly steady over the past 15 years at 1.5 to 1.9 percent of total annual sales. Other statistics are equally unnerving. For example, studies show the average loss per shoplifting case skyrocketed from $265 in 2003 to $622 in 2004. And, according to the National Retail Federation, almost half of all retailers surveyed see an increase in organized retail crime.
So what does that mean for return of investment of security video? Adding more cameras and digital video recorders (DVRs) alone may not shrink the shrink.