June 11th, 2014, by Cynthia Fish
NELMAR provides the security you need – rain or shine!
According to the National Retail Federation/University of Florida National Retail Security Survey, inventory shrink (which includes shoplifting, employee and vendor theft, and administrative error) averaged 1.38% of retail sales in 2014, costing Retailers close to $44 billion.
Thanksgiving has arrived, marking the true beginning of the holiday season. As stores and restaurants see an increase in customer traffic, it can get very hectic and stressful for both managers and employees to service the surge in patrons. Year after year, Companies have to deal with the harsh reality that shrinkage occurs at a higher rate during the holiday period than during the rest of the year, often causing a significant decrease in bottom-line profits during the peak season for the retail sector.
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