Shrink is a real threat to retail success. Every year, businesses across the globe lose around $100 billion to shrink, and the average shrink rate of 1.44% in the U.S. costs American retailers $48.8 billion annually. That’s a lot of money left on the table! Here’s the kicker: Most businesses are actually reducing their investment … 万博移动版 g 5 Tips to Reduce Shrink in Retail
A comprehensive list of security tips for retailers you can follow to help ensure your stores are secure against physical and online threats.
In retail, even the slightest lapse in safety and security can spell disaster. Theft, fraud, and data breaches can put a sizeable dent on your bottom line… and reputation. This is why it is important to establish store security measures across your locations. Industry data shows that security issues in retail aren’t slowing down. The … 万博移动版 g How to Establish Security Measures and Procedures for Your Retail Stores in 6 Steps
We’ve put together comprehensive 万博移动版 Guide for retailers, including the main causes of shrink and what you can do about it.
Loss prevention is a very real challenge for retailers. Shrinkage is a problem that costs retailers billions of dollars every year due to external theft, internal theft, and administrative errors. Regularly using a 万博移动版 Checklist across your locations ensures compliance with policy, reinforces training, and demonstrates loss prevention is a priority for your business. … 万博移动版 g 万博移动版 Checklist
In retail today, every dollar counts. Shrink has a significant effect on a retailer’s bottom line. A recent study by the National Retail Federation (NRF) found an average shrink rate of 1.44%, costing "the overall U.S. retail economy $48.9 billion.” Below a list of 4 loss prevention challenges retailers are facing, and how companies can … 万博移动版 g 万博移动版 Challenges in Retail
Loss prevention is a set of policies and procedures designed to minimize theft, fraud, vandalism and waste. Use this sample 万博移动版 Checklist for Parking Operators to create or update your loss prevention program across your parking lots and sites. General Record date of the last LP Audit Location has a key control log for … 万博移动版 g 万博移动版 Checklist for Parking Operators
Regular parking lot inspections/audits help you be proactive (not reactive) and solve problems before they are liabilities.
Here are three types of store audits you should conduct and how often should you do them to keep your stores operating in top condition.
The holidays are just a few short weeks away and we know that you and your staff are working hard on sales, promotions, and other seasonal programs. Before rolling out your initiatives, ask yourself: are you working just as hard to minimize loss in your business? While the holidays bring in more customers and sales, … 万博移动版 g 4 万博移动版 Tips to Help You Keep All Your Holiday Profits
To assist multi-unit retailers starting or improving their retail audit program, Compliant IA regularly publishes how-to guides, best practices and checklists. Use this sample 万博移动版 Checklist to create or update your loss prevention program across your locations. Loss prevention is a set of policies and procedures designed to minimize theft, fraud, vandalism and waste. … 万博移动版 g 万博移动版 Checklist