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Retail Risk Management And Business Protection From Emerging Threats

Retail Minded

Theft and Organized Retail Crime Retail theft continues to be a significant issue with significant shrinkage in inventory. The loss, due to the shrinkage, reached $142 billion in 2023, a 25% increase from the previous year. Slip-and-fall accidents account for increasing emergency room visits. million, the highest on record.

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Avoiding Stockouts: 5 Preventable Causes of Out-of-Stocks and What to Do About Them

Retail Times

Many causes of stockouts can be prevented by taking steps to better understand your business and products, and by refining your store’s processes. Such discrepancies can lead to merchants mistakenly thinking that they have an item in stock when they don’t, so they end up re-ordering the wrong products or quantities. Learn More.