Retail TouchPoints

APRIL 5, 2024

The demise of 99 Cents Only points to a larger weakness in the dollar-store category, Brad Thomas, Equity Research Analyst at KeyBanc Capital Markets told Yahoo Finance , pointing to Dollar Tree ’s plans to close nearly 1,000 locations over the next several years.

Location 213

Location Shrinkage Finance Management 213

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 258

Shrinkage Bar Codes Shipping Finance 258

Retail TouchPoints

AUGUST 4, 2023

While airports are “public spaces” and micro markets have traditionally been in “closed environments,” the risk of shrinkage outweighs the cost of employee overhead, and since people have already been through security this provides a perception of oversight.

Payment Services 214

Payment Services Kiosk Marketing Shrinkage 214

I Vend

DECEMBER 10, 2023

Financial operations – integrating the back of house finance processes with the front of house sales offers massive opportunities for streamlining. Loss prevention – in the US alone, retailers lose around $100 million a year to shrinkage, + which is a direct hit on the bottom line.

Shrinkage 87

Shrinkage Inventory Management Store Layout Checkout 87