Report shows a $2.6 billion decrease when compared to the $37.1 billion loss recorded in the previous report. Retail theft, including shoplifting, employee theft, administrative error and vendor fraud is down, according to an annual survey recently conducted by the University of Florida with a funding grant from ADT Commercial Security, soon to be Tyco…
Tesco Exits Japan
The British retailer pulls out of Japan, leaving many to speculate on the future of Tesco’s struggling U.S. venture Fresh & Easy. Tesco has announced it is pulling out of Japan after eight years of heavy losses, leaving some analysts to speculate on the fate of Tesco’s embattled Fresh & Easy Neighborhood Markets in the…