It’s a simple equation: turnover – losses – expenditure = net profits. In an ideal world, we would remove losses from the equation altogether and our bottom line would, of course, increase. At the end of the day, you’re in business to make money – and with all that hard work you put in, you […]
June 2019
Do you know how much stock you are losing to shoplifters?
Shoplifting is one of the most common causes of stock loss, and makes up approximately 60% (nearly two-thirds) of crime committed against wholesale and retail premises, costing the UK more than £600m a year. The number of shoplifting offences in England has risen by around 25% in the last five years, with an estimated 950,000 instances of shoplifting […]