Understanding Loss Prevention in Convenience Stores Convenience stores face distinct challenges when it comes to loss prevention. Their (sometimes) 24/7 operations and high-traffic environments create numerous opportunities for theft and fraud. The prevalence of cash...
Understand Restaurant-Specific Losses Loss prevention is not just about stopping theft – it encompasses a wide range of strategies to reduce unnecessary costs, minimize waste, and optimize operations. For restaurant owners and managers, implementing effective...
Imagine walking into your store one morning to find $100,000 worth of inventory missing. This nightmare scenario is a reality for many retailers, with the National Retail Federation reporting that inventory shrinkage cost U.S. retailers a staggering $112.1 billion in...
What is the California Workplace Violence Regulation? The California Workplace Violence Regulation, introduced by Senate Bill 553, mandates that employers adopt and implement a workplace violence prevention plan (WVPP) by July 1, 2024. Key requirements of the...
Understanding Retail Risk Management Retail risk management is a critical component of a comprehensive risk management strategy for retail businesses. It involves identifying, assessing, and mitigating potential risks to the retail sector, including conducting a...
