Most independent retailers would say business is personal. Whether it’s stocking the shelves with the latest products or training employees to provide next-level customer service, retailers are doing more than lining their pockets. However, if a retailer isn’t aware of …
Read More »Search Results for: loss prevention
Loss Prevention Tips for the Holidays
The Christmas shopping season should put retailers in a good mood, but it’s also a prime time for shoplifters to ply their trade. As stores get busy, it’s easier for a shoplifter to get lost in the crowd. Make sure …
Read More »Innovative Loss Prevention Tactics
Buchheit Stores is making investigations related to shoplifting easier for the local police department with a couple of major loss prevention tactics. Brian Clubb, former law enforcement officer and corporate loss prevention officer with Buchheit Stores, explains the security measures …
Read More »Five Holiday Loss Prevention Tips
The National Retail Federation offers the following loss-prevention tips for retailers during the holiday shopping season, which includes the days after Christmas when customers are spending their holiday cash and gift cards: Have your experienced staff members team up with …
Read More »Loss Prevention Series
NRHA’s Loss Prevention Program includes three separate modules covering internal theft prevention, external theft prevention and store safety. This training program is designed to help retail home improvement stores develop a safe and secure retail environment for both employees and …
Read More »Lumber Liquidators: Sales Down, Losses Up in 2016
Lumber Liquidators this month reported a boost in net sales during the fourth quarter of 2016, but the full year’s financial performance reflected woes that began in 2015. In 2015, investigations into the chemical contents of the flooring discounter’s Chinese-made laminate started major …
Read More »E-Commerce Driving Retail Fraud Loss
Loss prevention is top of mind year-round for most retailers, but businesses may be more susceptible to retail fraud now than ever before. The National Retail Federation (NRF) reported findings from the 2015 True Cost of Fraud Study from LexisNexis, which …
Read More »How to Approach Risk Mitigation Like the Big Boxes Do
It’s annual report season, which means analysts and investors are poring over 10-Ks and other government filings to see who met expectations in 2023, who fell short and what’s to come in 2024. As an independent home improvement operator, you …
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