Page 119 - 2021 Costello's Ace - Give No Ground - 2021 Strategic Planning
P. 119
BUSINESS PLAN 2021---LOSS PREVENTION &
SAFETY
Why is it important to have a loss prevention and safety manager:
Improve Shrink:
2021 2022 2023
Shrink 2020 1st year 2nd year 3rd year
2.50% 2.25% 2.00% 1.85%
DYI Sales (Same Store) $ 115,000,000 $ 119,000,000 $ 122,000,000 $ 124,000,000
New Acquisitions not $ 2,875,000 $ 2,975,000 $ 2,745,000 $ 2,480,000
Included 2,677,500 2,440,000 2,294,000
Savings $ 297,500 $ 305,000 $ 186,000
External theft leads to 36.5 percent of shrinkage, according to a
National Retail Federation study.
