Tag: shrink
10 Common Characteristics of High-Shrink Stores
This article focuses on fundamental influences that can be managed regarding shrink, and common characteristics of a high shrink store.
LPF Webinar Today on Grocery’s Disruptive Future
Register now to join industry experts Tony D'Onofrio and John Elstrott to learn about how stores can drive profitability with emerging LP tech.
Shrink + Markdowns = Fully Loaded Impact
While often expected and sometimes necessary to drive the business forward, markdowns still impact the bottom line, especially when considering the unbudgeted, store-initiated markdowns generated to mitigate aging or excessive inventory.
How Supermarkets Can Reduce Fresh Food Shrink
Read more here on how supermarkets use certain techniques to reduce shrink, fight theft, and improve store margins.
How to Eliminate Shrink Caused by Returns
Retailers can reduce returns by aiming at preventing returns in the first place. But how can this be achieved?
Transforming Shrink Reduction in Global Retail Organizations with Facility Intelligence
See how facility intelligence is leveraging technologies like AI to revolutionize loss prevention in large global retail organizations.
We Can and Need to Solve the Problem of Retail Shrink
The three major challenges which have been elevated as the highest US priorities for loss prevention are active shooters, safety, and organized retail crime.
The Problem of Organized Retail Crime: Overstated or Misunderstood?
To determine whether the retail crime problem has been overstated, we need to understand the nature of retail crime in general.
NRF Reports Retail Shrink Is a $100B Problem
Retail shrink, when taken as a percentage of total retail sales in 2021, accounted for $94.5 billion in losses last year, up from $90.8 billion in 2020, according to the 2022 National Retail Security Survey.
The Future of Retail Starts with a New Approach to Preventing Shrinkage
Today's shoplifters and organized retail crime groups have to be met with innovative approaches in retail security to ensure safety.
