by Lindsey Thompson | Sep 7, 2022 | Operational Insights
While shoplifting receives most of the attention when looking at shrinkage, internal theft and fraud also account for a large percentage. While the National Retail Federation (NRF) doesn’t track the data anymore in its annual National Retail Security Survey, in 2018,...
by Lindsey Thompson | Sep 7, 2022 | Industry News, Operational Insights
In light of ongoing supply chain issues, Warren Swindlehurst, president of U.S. Wire & Cable Corporation, shares insights on the crisis and best practices retailers can utilize to ensure on-time delivery and reduce the negative impact of supply chain headaches....
by Lindsey Thompson | Sep 6, 2022 | Industry News, Operational Insights
Theft, fraud and shrinkage can wreak havoc on a business, with the Coalition of Law Enforcement and Retail estimating retail crime will top $45 billion in annual losses this year. Discover how fellow hardware and paint retailers handle theft and fraud issues. “My...
by Lindsey Thompson | Sep 6, 2022 | Operational Insights
In the three years it has been in business, Nikiski Hardware & Supply in Nikiski, Alaska, has not only become the go-to spot for home improvement items and household products, it has established itself as a community hub and gathering spot. One of the owners, John...
by Lindsey Thompson | Sep 6, 2022 | Industry News, Trends & Products
Because of its composition, oil-based paint is ideal for painting high-traffic areas and surfaces that are typically more difficult for paint to stick to such as cabinets, trim and metal. While oil-based paints provide a high level of durability, they also contain...
