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Stop, thief! Retail giants are facing a new 'lifting' problem - not just from customers, but also staff & vendors

By Economic Times - 5 months ago
Indian retail faces increasing shrinkage issues due to thefts and errors, with Trent Ltd reporting a rise in shrinkage to 0.41% of sales in FY24. V-Mart Retail's shrinkage increased from 0.4% to 0.5% in the same period.

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