Target Closing 9 Stores in cities because of Theft

First: Shrink rate is theft to sales ratio, not profit.

Second: The graph has the rates up top which are not reflected in the made up bar sizes. If you do the math $50B/. 014 and $112B/.016 you get 2018 as $3.57T in sales and 2022 as $7.03T. That’s not retail sales. Whatever that number is 57% of 2018 retail sales and 99% of 2022 retail sales. Of course the shrink amount goes up when you account for more of the market. You are out of you league here pal.

Third: industry experts dispute accountable retail executives passing off the exaggeration.

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