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The Hidden Costs of Retail Theft and It's Impact on Independent Brands

The Hidden Costs of Retail Theft and It's Impact on Independent Brands

Posted by MAIR on Sep 4th 2024

Retail theft, often dismissed as a “victimless crime,” has become a significant issue in today’s retail landscape. The truth is, there are real victims—especially small businesses that bear the brunt of these losses. Whether your products are in a department store or a local mom-and-pop shop, retail theft directly impacts a product based company's bottom line, and its effects are far-reaching.The Surge in Retail TheftRetail theft has been on the rise, with some reports indicating a dramatic incr …
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