27% of shoppers will switch retailers, abandon purchase if they come across locked-up products: report

Quick Summary:

More than half of consumers report seeing more merchandise locked up in stores in the past year, according to a recent survey from Numerator.

Products behind locked cases at a Safeway store in San Francisco.

Sales are also impacted when the cost of protecting goods and staffing cabinets is built into the cost of the protected products – this manifests itself as inflation.

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Article Details

Author / Journalist: Howard Ruben

Category: EconomyBusiness

Markets: United States

Topics: Merchandise Theft Stores Year Report Consumers Locked Shrink Retail Including Products

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 12:47:00 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: retaildive.com

Language: English

Article Length: 440 words

Reading Time: 3 minutes read

Sentences: 13 lines

Sentence Length: 34 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Retail Dive

News ID: 23450880

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About Retail Dive

Main Topics: EconomyBusiness

Official Website: retaildive.com

Update Frequency: 5 posts per day

Year Established: 2012

Headquarters: United States

News Last Updated: 18 hours ago

Coverage Areas: United States

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