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 Olivia Shroyer | Dec 7, 2021 | Industry News
There’s much more to discover from the July 2021 edition of Paint & Decorating Retailer. Browse the links below to uncover new innovations, trends and resources to lead your operation to success. Leading the Pack Inspiring leadership can lead every business to...
by Lindsey Thompson | Nov 10, 2021 | Industry News, Operational Insights
If an operation didn’t already utilize e-commerce and contactless systems before the pandemic, they most likely added them during the shutdowns to better serve their customers. Customers have come to expect these options, so retailers should stay on top of contactless...
by Olivia Shroyer | Aug 4, 2021 | Operational Insights
Traditionally, if you wanted to manage your inventory effectively, you relied on efficiencies such as just-in-time delivery, minimal backstock and a reliable sales history. But in one year everything changed. During the pandemic, consumer demand for paint and...
by Olivia Shroyer | Aug 3, 2021 | Operational Insights
Keep Your Inventory Accurate Managing inventory is a big job, and no one person should have to do it alone. Every employee can help. In fact, it is most effective when everyone on staff understands their role in keeping track of every product that comes through your...
