Many customer theft issues can be resolved with good customer service. In my previous column, I talked about employee theft. According to the 2020 NACS State of the Industry report, store “shrink” (which includes theft and breakage) averages about $12,700 per store per year. And 33.2 percent of that is due to employee theft, according […]
Minimize employee theft by letting your staff know that you’re paying attention to the details. We have a lot to learn from George Clooney’s life of crime. As you may remember, Mr. Clooney starred in the remake of “Ocean’s Eleven” and several sequels, as well as not appearing in “Ocean’s 8” (the one with Sandra […]
Convenience retailing today requires being nimble and providing a unique offering to customers, according to President Eva Strasburger. TEMPLE, Texas — The convenience channel is both lauded for being a disruptor when it comes to innovation and viewed by some retail experts as a laggard. Eva Strasburger, president of StrasGlobal, a privately held retail consulting, […]
Funding programs are helping many independent businesses that have struggled through the pandemic. If you’ve lost sales of 20% or more, federal funds available now can help your business. Raymond Huff, owner of HJB Convenience and Russell’s Convenience Stores, and a Resources for Retailers Advisory Board member, talks openly about the federal funds he used […]
Food trucks bring opportunity when people are social distancing and seeking to stay outside. The key is to communicate and maintain health and safety protocols for employees and customers at all times. Retailers looking for a safe and creative way to draw customers to their sites can generate community excitement, provide unique menus, and create […]