According to the National Retail Security Survey on retail theft, losses in inventory cost retailers more than $49 billion in 2016. The primary source of these losses was due to shoplifting, which accounted for 38% of retailers’ shrinkage in 2014, followed by employee theft which resulted in 34.5% of shrinkage that same year. It is important to recognize where your store might have weaknesses and address them to help avoid losses to your profit, inventory, and information. These are 5 loss prevention mistakes retailers make.