Ralph Jacobson

Beyond Shrink Control

February 18, 2010

FROM RETAILWIRE:
We know that loss prevention always becomes a bigger challenge for retailers when the jobless rate grows or stagnates at high levels. What attendees at a workshop during the NGA 2010 Annual Convention held last week in Las Vegas heard is that the current economic downturn also creates a significant opportunity. What loss prevention strategies do you think are most effective today?      [more...]

This is all about culture. Taking action that drives out any incentives to shoplift. There should also be product handling ideas here to minimize shrink from that aspect of store ops.