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Yeah, that’s pretty common. Is it Internal theft
Yes to shrink.
Pro
I learned a lot of interesting terms in retail. Like the difference between asset protection and loss prevention…it still so confuses me 😂
It’s pretty common. Sometimes it encompasses all theft both internal and external. I feel like specialty depts really have their own language that can’t be used anywhere else but that dept
Yes, “shrink” is the weirdest innocent‑sounding word for theft and loss. I’ve also heard “units,” “door swings,” “conversion,” and “LP” thrown around like everyone knows what they mean. It really does feel like learning a new language for the first month.