THE ASSAULT ON YOUR PROFITS: A policy for the prevention of loss

Abstract

Whether you use the polite euphemism ‘shrinkage’ or the blunter term ‘shop theft’, the fact remains that losses through pilfering and as a result of staff dishonesty and carelessness constitute a sustained assault on your profits. Much can be achieved by a comprehensive management policy aimed at the reduction of losses: tighter stock control procedures, till disciplines, closer attention to layout, more care with staff recruitment. Losses which can become crippling, if left unchecked, can be reduced to the tolerable.

Citation

(1974), "THE ASSAULT ON YOUR PROFITS: A policy for the prevention of loss", Retail and Distribution Management, Vol. 2 No. 2, pp. 22-25. https://doi.org/10.1108/eb017778