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Retail is a vibrant part of the Spanish economy. However, the current global economic crisis continues to reduce growth and profit expectations for Spanish retailers and their suppliers. Many firms are exploring new ways to increase profitability and growth. Shrinkage contributes substantially to retail losses. Reducing shrinkage is therefore an important opportunity and perhaps “low-hanging fruit” for retailers to amplify their profits.
Author: Prof. Dr. Daniel Corsten. Project Director: Alfonso Gadea. Copyright: IE Foundation. Sponsor: Ernst & Young.