Sweetheart Deal

From the latest National Retail Security Survey (2009):

“Consistent with the pattern observed in all previous NRSS studies, loss prevention executives again indicated that they believe employee theft to be the most single most significant source of inventory shrinkage. Retails attributed 43$ of their inventory shrinkage to employee theft. Assuming a total shrinkage dollar among of approximately $33.49 billion, this translates into an annual employee theft price tag of $14.4 billion. This is a staggering monetary loss to come from a single crime type. In fact, there is no other form of larceny that annually costs more money than employee theft.” -Richard Hollinger, PhD (2009 National Retail Security Survey)