Tag: the retail industry


State Retail Associations: The Complete List

State Retail Associations: The Complete List

State retail associations offer a valuable resource for retailers across the nation and can prove to be an important advocate. With rosters that include all types of retailers and other retail partners, state retail associations are organized to improve and advance the retail industry through close cooperation and mutual assistance,   Read More


A Root-Cause Analysis May Help Reduce Shrinkage

A Root-Cause Analysis May Help Reduce Shrinkage

Most retailers have adopted omni-channel strategies to meet consumers’ demand to browse or buy whenever and wherever they choose. But enabling everything from mobile point of sale (POS) to in-store pickup of online purchases has made inventory control and product logistics far more difficult.

The complex new retail environment is increasing   Read More


Money Laundering Explained—for Retailers

Money Laundering Explained—for Retailers

What is money laundering? Most people will describe it as:

Turning dirty money into clean money.
Turning money from the illegitimate economy into money from the legitimate economy.
Washing drug money.
Disguising criminal money.

From the definitions above, most people would not be far off the mark, except that the definitions   Read More


Wrestling with Total Loss

Wrestling with Total Loss

In 2017, Adrian Beck, professor in the criminology department at the University of Leicester, published a piece in Security Journal outlining a new conceptual typology regarding loss. Beck argues that “shrink” is an antiquated term that lacks a clear definition in the retail industry. [Editor’s Note: Beck published a piece   Read More