Retailers lost $112.1 billion to shrink in 2022. Shrink averages 1.6% of sales and is driven by shoplifting, organized retail crime, and employee theft. 41% of retailers also report increased violence during theft attempts. Shrink is not just financial—it risks employee safety and customer trust.
Wifieye’s Solution: - Visible deterrence with strobes, alarms, and lights - Live operator talk-downs before incidents escalate - Verified alerts mean faster police response - Coverage for parking lots, docks, and storerooms Shrink eats away at profit margins. Wifieye stops losses before they happen.