Tag: shrinkage in retail

Understanding how to calculate shrinkage in retail is important. However, understanding why it is important to control these results and how we can impact company profitability by both improving sales and controlling retail shrinkage is the key to success.

Understanding how to calculate shrinkage in retail is important. However, understanding why it is important to control these results and how we can impact company profitability by both improving sales and controlling retail shrinkage is the key to success.

Not every loss prevention tool fits the needs and budget of every retailer. However, a combination of tactics makes an impact and reduces a store's shrinkage.

There have always been arguments for and against each type of security staffing strategy, explains Breck Ellison [shown], COO of Gallaher and Associates , a Tennessee security and safety company.

How to Calculate Shrinkage in Retail Understanding how to calculate shrinkage in retail is a fundamental but critical concept within the loss prevention profession as...