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Economics<br />
• Retail shrink ~ 2.3% vs 0.7% profits<br />
Damaged and spoiled goods ~ 0.5%<br />
• Employee theft (49%) ; Shoplifting (32%)<br />
• Most spoilage is refrigerated produce<br />
• U Arizona 40% food waste<br />
• ERS estimates 27% waste<br />
• Nat. Supermarket Research Group<br />
– 2002 estimate $31 billion<br />
– EU shrink ~ $25 billion