Retail TouchPoints

JANUARY 10, 2024

There’s been a lot of talk recently about retailers reporting lower-than-expected earnings due to inventory shrinkage. According to the Corporate Finance Institute , “Inventory shrinkage occurs when the number of products in stock are fewer than those recorded on the inventory list. What does this mean exactly?

Shrinkage 269

Shrinkage Bar Codes Shipping Finance 269

Retail Focus

AUGUST 8, 2023

Order Fulfillment When outsourcing, retailers can benefit from streamlined inventory management, order processing, and shipping. Accounting and Bookkeeping Maintaining accurate financial records is crucial for the long-term success of any retail business.

Loss Prevention 130

Loss Prevention Inventory Management Inventory Turnover Shrinkage 130

Wiser

JANUARY 12, 2021

Retailers that strive for perfection in their pricing strategies would often be better served by trying for good first, then perfecting their approaches based on how consumers react to the prices of their goods. The idea behind it is using price as a signal to consumers emphasizing the rarity, exclusivity, or high quality of the product.

Wholesale 78

Wholesale Shrinkage Markdowns Returns 78