Katia Breczko’s Post

#Retail crime is a hot topic in the press right now and even more of a hot topic for retailers who are battling this in their stores every day. Discover how Halfords' effectively tackled retail #shrink without compromising on quality. Delve into the details of how the company has enhanced its operational efficiency and gained full visibility into their #lossprevention efforts. Read the full case study here: https://lnkd.in/e2feihmy

Motive’s Big Box Retail Index reveals a significant uptick in retailer restocking this June, with 10.8% more truck visits to warehouses compared to May and a 16% increase year over year. While restocking rates usually rise this time of year, Motive's report highlights a much higher rate than in previous years. #Retail #Restocking #Logistics #SupplyChain #TruckingIndustry

How to reduce retail shrink

Wow, the usual January #clearance sales online are in full effect but there is one BIG problem. A lack of #inventory at the individual store level. While companies have upped their #ecommerce game — creating filters to provide #customers with enhanced details about available merchandise — it’s also resulted in a glimpse at the disparity of goods available store by store. Recent searches that began with thousands of items available chain-wide were reduced to just a handful — or unavailable — when selecting a local store. This hit or usually miss not only impacts the #customerexperience but also more importantly, the #brand. #retailers that recognize and solve this issue have the best opportunity of turning #clicks into #cash. Old Navy Horacio Barbeito Canadian Tire Corporation Mark's Hudson's Bay Allbirds Best Buy RONA

While research has found that many of today's consumers prefer using self-checkout, a new California bill that is being proposed (SB 1446) would limit the number and type of items that can be purchased at self-checkout machines. This could negatively impact the consumer experience at #retail stores. Read more: https://bit.ly/4bnBIrz #retail #SCO #selfcheckout #SB1446

What's the REAL value of your retail stores? If you need to think of the answer, read how to get the right number! Read here: https://lnkd.in/gHgpZTwD #storemanagement #retailexecution #rtm #retailinnovation

A great reminder of the economics of Grocery Retail! $1 = $0.04 profit Crime and Theft have a detrimental impact! Take a $50 transaction = $2 left over to serve customers and make necessary improvements. If the cost of business goes up due to inventory losses and the added burden of increased security. What’s the business decision? You guessed it. Raise prices.

Discover how the Rule of 17 can help eliminate item duplication and boost sales in your retail business. Check out this article by Kevin Sterneckert in Total Retail! #assortmentoptimization #retailplanning #inventoryoptimization

The REAL picture of stock right now AND what you can do to boost sales in your pro shop this spring. Listen here https://bit.ly/GolfShopEp5 #Spotify #Retail #retailinsights #tuesdayvibe