039: Breaking Down the $100 Billion Retail Shrinkage Dilemma 08-24-23

Markets with Megan: A Quick Financial Markets Update · Aug 24, 2023 · 2m · transcript

Imagine the impact of an unexpected $100 billion loss! That's the shocking number that retail shrinkage, or unaccounted inventory loss, racks up annually according to a recent National Retail Federation survey. As theft becomes a growing issue, Chief Investment Officer Megan Horneman of Verdence Capital Advisors pulls back the curtain on the daunting situation that retailers, already operating on thin margins, are confronting. Brace yourself as Megan unpacks the strategies these businesses might resort to, from stepping up security measures to the grim prospect of shutting down storefronts…