> Mentions of “shrink” on earnings calls for the first two quarters of 2024 were down 20% compared to the same period a year ago according to a FactSet analysis cited by CNN.
> “A year ago, America’s stores declared a shoplifting epidemic,” stated the CNN article. “This year, retailers are telling a very different story—or no story at all. It’s as if the shoplifting crisis suddenly vanished.”
Kind of disingenuous of CNN here to declare that a 20% reduction in mentions is equivalent with "vanishing".
> “A year ago, America’s stores declared a shoplifting epidemic,” stated the CNN article. “This year, retailers are telling a very different story—or no story at all. It’s as if the shoplifting crisis suddenly vanished.”
Kind of disingenuous of CNN here to declare that a 20% reduction in mentions is equivalent with "vanishing".