by Lindsey Thompson | Sep 30, 2022 | Industry News
There’s much more to discover from the October 2022 edition of Paint & Decorating Retailer. Browse the links below to uncover new innovations, trends and resources to lead your operation to success. Mitigating Loss Choosing the right loss prevention methods...
by Lindsey Thompson | Sep 30, 2022 | Operational Insights
Theft, fraud and shrinkage can wreak havoc on a business, with the 2021 National Retail Security Survey reporting that the average dollar loss increased from 2019 to 2020. The average loss for shoplifting was up 71%, and dollar loss from robberies increased an...
by Lindsey Thompson | Sep 30, 2022 | Operational Insights
From organized smash-and-grabs to employee embezzlement and fraud, retailers have been reeling from an increase in asset and product loss since the start of the pandemic. Theft and fraud have always been an unfortunate part of the retail scene, but the pandemic...
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 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...
