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inventory shrinkage definition

Beyond the Usual Inventory Shrinkage Definition: Total Retail Loss

There is little consensus on what constitutes “loss” within the retail world nor how it should be measured. The terms “shrinkage” and “shortage” have been loosely applied to encapsulate some of the areas that generate loss, but they are not terms enjoying a clear and agreed-upon definition across the sector.
armed robbery prevention safe

Armed Robbery Prevention—When It’s an Inside Job

As long as a retailer’s doors are open for business, there is risk of of a store robbery. If this is the case, how are we to be proactive in armed robbery prevention?
Lone working policy

Why You Need a Lone Working Policy

In the court case that followed a robbery carried out by a sixteen-year-old in 2015, where a female lone worker was threatened with a hammer, police commented, "It was a terrifying experience for the member of staff, who was the only person in the store at the time, and she has not worked since."

Prolific Robber Sentenced to 16 Years Behind Bars

A Yucaipa man already serving a five-year sentence for a 2015 bank robbery was sentenced Monday to 201 months in prison after he was...

Jewelry Stores Plagued by Series of Smash-and-Grab Robberies

The Jewelers’ Security Alliance (JSA) has recorded eight smash-and-grab robberies at Southern California jewelry stores in the last 10 days, as well as an unsettling string...

Two Brothers, Plus 1 Arrested in String of 23 Store and Restaurant Robberies

A pair of brothers and a third man face federal charges after being arrested on suspicion of committing at least 23 armed robberies in...

Teens’ Robbery Spree Ends with Stabbing of C-Store Clerk

Three teenagers accused in a series of convenience store robberies that culminated with the stabbing of a clerk have been charged in juvenile court....

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