There’s much more to discover from the August edition of Hardware Retailing. Browse the links below to uncover new innovations, trends and resources to lead your operation to success.
Read More »Search Results for: loss prevention
3 Resources to Counter Organized Retail Crime
Costing businesses money and peace of mind, shrink takes a toll on the retail industry, especially on independently owned and small- and medium-sized businesses. The National Retail Federation’s (NRF) National Retail Security Survey 2022 discovered retail shrink, which includes organized …
Read More »NHPA Online Training Offer Strategies for Deterring Theft
The average store loses nearly $47,000 (or 1.6% of sales) each year to shrinkage, according to the 2022 Cost of Doing Business Study from the North American Hardware Association (NHPA). That’s enough money to hire another employee, buy a delivery …
Read More »Cool Shrink With Theft Heat Maps
Costing businesses money and peace of mind, shrink takes a toll on the retail industry, especially on independently owned and small- and medium-size businesses. The National Retail Federation’s (NRF) National Retail Security Survey 2022 discovered retail shrink, which includes organized …
Read More »NRF Study Finds Retail Shrink Is a $100 Billion Problem
In its annual retail survey, the National Retail Federation (NRF) found that retail shrink is an almost $100 billion problem. NRF’s Retail Security Survey is an annual survey of retail loss prevention professionals that covers national retail security issues such …
Read More »On the Web: October
There’s much more to discover from the October 2022 edition of Hardware Retailing. Browse the links below to uncover new innovations, trends and resources to lead your operation to success.
Read More »3 Ways to Mitigate the Impacts of Theft and Fraud
From organized smash-and-grabs to employee embezzlement and fraud, retailers have been reeling from an increase in asset and product loss since the start of the pandemic. Theft and fraud have always been an unfortunate part of the retail scene, but …
Read More »2 Ways to Prevent Internal Shrinkage
While shoplifting receives most of the attention when looking at shrinkage, internal theft and fraud also account for a large percentage. While the National Retail Federation (NRF) doesn’t track the data anymore in its annual National Retail Security Survey, in …
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