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How Retailers can Combat the Rising Threat of Theft

Retail TouchPoints

Dick’s Sporting Goods also attributed part of the brand’s 23% profit drop in the second fiscal quarter of 2023 to theft ( CNBC ). External Theft According to the NRF, shoplifting and other forms of external theft, including burglary, accounted for 37% of reported shrink in 2022. Despite your efforts to hire good people, the U.S.

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Announcing: Retail Reborn Season 2

Retail Prophet

Retailers have to start thinking that brands are their clients and that they are here to service them,” says Gindi. Effectively, it’s a marketing suite of services inside of a physical retail environment,” continues Melloul. . […] The second lever they pull is, do I need it first hand or can I exchange with a friend?

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