The ABC’s of ASPC

Understanding average sales per customer can stop employee theft in its tracks. By Jim Callahan. Human resources guru Mel Kleiman preaches that 20% of employees are basically honest, 20% are basically dishonest and the rest tend to gravitate toward the middle—depending on how management handles the dishonest employees. The following is designed to identify and

Technology Driving Cash Management

Retailers are using smart safes and strict corporate policies to protect store employees against robbery attempts. By Howard Riell, Associate Editor. While theft attempts are inevitable for convenience stores, especially those operating 24 hours, losing  hard-earned cash shouldn’t have to be. Since retail safes were introduced and combined with smarter money-handling practices, store owners have

Shrink Decreases 6.8% in U.S

Global retail theft totaled $107.3 billion in 2010, representing a 5.6% decrease from the prior year (6.8% in the U.S.), according to the fourth annual edition of the Global Retail Theft Barometer. Click here to view the entire study. The study, sponsored by an independent grant from Checkpoint Systems, monitored the costs of shrink (loss