Accounting, Markdowns, Returns and Shrinkage

How smart new technologies are improving sales and reducing costs for retailers

Inside Retail

JANUARY 30, 2024

These technologies are helping retailers achieve efficiencies in operational functions including staff deployment and management, customer service, shrinkage reduction and lifecycle pricing. It can spot if a cashier is discounting more than other employees, or if their level of returns or refunds is higher than the store average.

Loss Prevention

Loss Prevention Shrinkage Inventory Management Markdowns

Everything You Need to Know About Keystone Pricing

Wiser

JANUARY 12, 2021

Doubling the wholesale cost allowed retailers to take into account fixed and variable costs, such as coupons, theft, returns, and other common margin-eaters while still turning a profit. Keystone pricing skips that middle step, simply doubling the wholesale price and hoping that accounts for any fixed and variable costs.

Wholesale

Wholesale Shrinkage Markdowns Returns

Experience Retail Today

How smart new technologies are improving sales and reducing costs for retailers

Everything You Need to Know About Keystone Pricing

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