The Smart CubeFrom The Smart CubeGlobal Supply Chain ManagementRetail Shrink Hit $128Bn Worldwide in 2013, But Is Slightly Down in Most countriesShrink, comprised of shoplifting, employee or supplier fraud and administrative errors, cost the global retail industry more than $128bn last year, $42bn in the US alone, according to the latest Global Retail Theft Barometer. This represents 1.29 percent of retail sales, on average.November 11, 2014Page 1 of 1