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Retail Loss Prevention 2015

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Date/Time
Date(s) - 16/06/2015 - 17/06/2015
All Day

Location
Bayview Eden, Melbourne, Victoria, Australia

Categories


Strategies for Managing Loss and Reducing Shrinkage through Effective Diagnostics, Investments in Technology and Culture Change

Currently, Australian retailers lose $7.5b each year as a result of shrinkage. Although retail sales is forecast to grow by 2% in 2016, competition remains fierce with online and the omni-channel challenging the traditional ways of shopping.

Savvy retailers are catching on to this and a trend has emerged where more focus is being placed on strategic loss prevention management and finding new and improved ways of making a profit by reducing loss and designing strategies that also add value to the top line.

In an environment where retailers operate at fairly tight margins, cutting shrinkage goes straight to the bottom line. The potential for real loss reduction is too important to ignore.


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