The retail industry’s biggest problem is about to become a huge opportunity
Jun 21, 2023
The commonly referenced retail overhang known as shrink may finally be shrinking itself. In a new note to clients on Tuesday, UBS analyst Michael Lasser wrote shrink — or merchandise theft — at retail chains might be at “peak” cycle in what has been a cyclical trend.
“The impact of shrink will turn from a headwind to a tailwind later this year and into next year,” Lasser wrote. He added that this should result in a boost to profitability for a variety of retailers. Read more at Yahoo!Finance.