Part 1. Unpacking the $100 Billion Shrinkage Challenge
Description
🎙️ Special 3-Part Episode Alert! 🎙️
The evolving landscape of retail is facing one of its most significant challenges yet! U.S. giants like Target, Wal-Mart, and Home Depot grapple with the ever-growing issue of inventory shrinkage - costing the industry a staggering $100 billion, a number that has doubled since 2015.
But the dilemma doesn't stop there! Balancing increased security measures with a seamless shopping experience is the topic of heated debate. Over in the UK, we've seen unprecedented levels of retail crime, with a reported 175,000+ incidents in just the first half of 2023.
Tune in as we dive deep into:
✨ The complexities of 'loss' in the retail sector
✨ The alarming rise in theft incidents
✨ Solutions retailers can employ to safeguard their businesses
I'm excited to be joined by Leandro Blank, straight from the ITAB offices in the UK, as we discuss, debate and dissect this pressing issue.
Ready to untangle the web of challenges in the modern retail world? Listen now!
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