New technologies will come and go, opening new windows of opportunity for theft, fraud and loss.
While not classified as shrink, hidden losses are just as detrimental to the retailer’s bottom line as theft.
Mobile content creation solutions such as Magmito help retailers consider a world of mobile possibilities.
Procedural review audits (PRAs) are an effective tool for systematically combating return fraud.
Economic sluggishness is impacting entrepreneurs: 27 percent (up from the spring) say they do not plan to grow in the next six months.
PRAs enable management to measure consistency, and pinpoint loss prevention challenges.
Any retail display or fixture can be used creatively to produce remarkable and profitable results.
Kole Imports has positioned itself as leading and innovative player in the dollar and discount retail industry.
Keeping up with fashion is an ongoing process, and retailers should set aside time to stock up on the latest seasonal accessories, including handbags.
Smaller businesses such as independent retailers are more vulnerable when they open up their POS system to electronic purchasing options.