Inside Retail

AUGUST 27, 2023

We’re confident that we can continue to hit the lowest price in the market, and make good margins which are appropriate for our shareholder returns. While value for money is undoubtedly a large focus for retailers moving forward, stamping out shrinkage is another. Labour, leases, and clearance stock So, what are those levers?

Shrinkage 130

Shrinkage Dead-Stock Department Stores Apparel 130

Retail TouchPoints

NOVEMBER 10, 2022

It now sits at an estimated 22% of all sales, according to a 2022 Morgan Stanley global ecommerce forecast report , which notes that “Over the long term, the ecommerce market has plenty of room to grow and could increase from $3.3 Some shoppers are stocking up on Instacart and then running into their local supermarket for a fill-in trip.

Consumer 306

Consumer Advertising Shrinkage Planning 306

Retail TouchPoints

OCTOBER 25, 2021

With the ability to increase the number of devices and people connected to the network, retailers finally have the technology and price point required to move this from a concept to a mainstream solution, including high-volume big box stores and supermarkets. Gareth Smith is General Manager for Eggplant , a Keysight Technologies company.

Payment Services 315

Payment Services Shrinkage Accessories Consumer 315

Inside Retail

MAY 19, 2021

Drakes Supermarkets is losing around $10 million each year largely due to theft in stores, according to company director John-Paul Drake. We lose approximately $10 million a year on shrinkage – that covers a range of things but the majority of that is goods that are unaccountable,” Drake said. “It’s Global problem.

Shrinkage 147

Shrinkage Loss Prevention Supermarket Beauty and Health 147

Inside Retail

MAY 25, 2023

Factoring in the roughly US$700 million of inventory shrinkage that occurred in 2022, mainly attributed to retail crime, the company is on track to lose up to a total of US$1.2 billion due to organised retail crime over the past two years alone. Walmart is cited as a prime example.

Shrinkage 130

Shrinkage Loss Prevention Location Planning 130

A1 Retail

OCTOBER 12, 2021

Loss prevention teams call this inevitable outcome “external shrinkage”. Which is why it is so encouraging to see retailers utilising new technology to reduce the impact of shrinkage. Any supermarket looking to replicate this checkout-less model will already be crushingly aware of their own technological limitations.

Shrinkage 40

Shrinkage Loss Prevention Checkout Supermarket 40