The country topped the retail 'shrinkage' rate -- a term that bunches shoplifting, employee theft and process failures -- in 41 countries surveyed across the world, for the second year in a row.
India has topped the retail 'shrinkage' rate -- which is a reduction or loss in inventory due to shoplifting, theft and process failures -- in 42 countries surveyed across the world, for the third year in a row.
The world over, shoplifters are giving the retail industry a gigantic headache. A $119-billion headache!
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