Inside Retail
OCTOBER 15, 2024
The chain currently has 386 stores nationwide, having opened 67 new stores and closed 35 underperforming ones since June 2020. million due to rising costs and higher shrinkage. In a trading update, the company said it is targeting to open 15-20 new stores in FY25. Fisher added that the company’s balance sheet remains strong, with $49.9
Retail Wire
JANUARY 19, 2023
percent in 2020, based on National Retail Federation figures. Retailers have pointed to a rise in organized retail crime as a prime driver of shrinkage in the U.S. The average shrink rate as a percentage of retail sales was 1.4 percent in 2021, down from 1.6
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Retail TouchPoints
AUGUST 4, 2023
The travel and tourism industry went through a shock in 2020, with the COVID-19 pandemic leading to a decrease in passenger traffic and significant economic challenges for airports. However, with the industry’s gradual recovery, airports are starting to face new, more logistical challenges.
Independent Retailer
JULY 8, 2021
According to the 2020 National Retail Security Survey , retail theft, or shrinkage, is at an all-time high. In fact, in 2019, shrinkage accounted for an average rate of two percent of inventory, calculated at retail, costing the industry a record $62 billion. Reduce Retail Theft . However, the value of each incident increased.
Independent Retailer
JULY 8, 2021
According to the 2020 National Retail Security Survey , retail theft, or shrinkage, is at an all-time high. In fact, in 2019, shrinkage accounted for an average rate of two percent of inventory, calculated at retail, costing the industry a record $62 billion. Reduce Retail Theft . However, the value of each incident increased.
Inside Retail
DECEMBER 16, 2021
In 2020, the brand teamed up with K-Pop band Twice, which has topped the Girl Group Brand Power Ranking list several times, and this year, it worked with Korean actress Sandara Park, rapper Mino and famous musical couple Dawn and Hyuna. billion in 2019. Most ADLV clothing is made in Korea. “We
Independent Retailer
JULY 29, 2022
According to the NRF National Retail Study 2018 , inventory shrinkage costs the U.S. RFID technology can provide a technological solution to retailers by supplying knowledge of where the item went missing, allowing them to mitigate the impact of shrinkage by adjusting inventory levels to replace missing or out of stock items.
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