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 […]
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 […]
The Easter school holidays often mark the start of the busiest time of the year for many tourism businesses across the country, with visitor numbers soaring overnight in eager anticipation and hope that the great British weather will be kind this time around! As any good cub scout knows; the key to success is preparation […]
Technology has moved at an incredible rate over the past decade. If you think back just 12 short years there was no iPhone, definitely no iPad and computers were certainly larger than the laptops that we all now happily tap away on day after day. Warehouse stock control systems have had a similar rise in […]
Pardon the pun, but the new year is a great time take stock; to reflect on what went well, what could have gone better and make strides towards improving performance over the course of the next twelve months. Challenging times for mainstream retailers This is certainly true for many retail businesses across the country, with […]
As a retailer you’ll know that the run up to Christmas is a vital time for your business; Black Friday (which will fall on November 23rd of this year) is now the biggest single day for online spending not only in the UK but across the world and the months of November and December still […]
