Retail shrinkage stems from a handful of causes that are rarely unique to a single retailer. Theft, whether internal or external, and operational error make up the majority of retail shrinkage. The level of severity is usually the primary difference; this can fluctuate due to product type, geography, and store Read More
Tag: shrink loss
According to the recently published 2016 Retail Holiday Season Global Forecast, retailers will experience both the heaviest sales volumes and the weakest performances (specific to margin rate) during this holiday season. As such, the National Retail Federation (NRF) predicts retail sales in November and December (excluding autos, gas, and restaurants) Read More
By Dave DiSilva
Criminals use many online venues to sell stolen merchandise. eBay strives to be the Internet industry leader in online fraud investigations in the effort to combat occurrences through our Global Asset Protection team that effectively partners with over 300 retailers to proactively identify and remove stolen property listed on our Read More
Sponsored by InstaKey Security Systems
It is essential for retailers to have an effective key control system in place at their stores. This will help standardize security of the facility, assist with improving key holder accountability, and aim to reduce shrink loss opportunities.
Below are five essential key control cornerstones any retailer Read More