The Food Marketing Institute has reported that approximately 2 million shopping carts are stolen annually. Motives for this rampant shopping cart theft range from customers living nearby walking their purchases home to sophisticated theft rings exporting carts to other countries. Ultimately, regardless of the reasons why shopping carts are stolen, the costs negatively impact retailers like you.
Please start by entering the number of carts used in your store and the average cost of each cart. Next, include the average number of carts that are removed from your property each month. Include the cost of monthly retrieval services and any associated city fines per month per month if applicable.
Conservative default numbers have been prepopulated for these values. Adjust the numbers to see scenarios based on different assumptions.