Retailers often forget about their in-store technology until something goes wrong. By which time, getting it fixed is a serious concern. Here are a few tips to ensure your IT equipment is as free from risks as possible.
Retailers should prepare for a tough festive season now.
Retailers should expect to lose a total of £1.4 billion in the run up to Christmas, experts predict.
Retailers are set to face one of the toughest holiday seasons on record thanks to festive shoplifters, light-fingered employees and those responsible for supply chain fraud in the UK.
According to the Centre for Retail Research, £656 million of the £1.4 billion is expected to be down to shoplifters, with a further £302 stolen by staff and £83 million lost through supply chain fraud.
The figures show that an additional £61 million worth of goods is expected to go missing during the ‘season of goodwill’ this year compared to 2010.
Professor Joshua Bamfield, director of the Centre for Retail research and author of the study, said:
“The implications should not be underestimated. Christmas crime has increased by 6.2% since the 2010 research, which is symptomatic of the tough times we are facing as a nation.
“The double pressures of a weak economy combined with the most expensive time of the year will inevitably lead to an increase in loss so unfortunately it is likely that it will worsen further before it gets any better.”
Neil Matthews, vice president, Northern, Central & Eastern Europe at shrinkage management and merchandise visibility specialists Checkpoint Systems, said:
“We are naturally advising retailers to be on their guard during the holiday season.”
“With more customers passing through the doors and additional staff drafted in to cover the busy period, it is essential that store operators are vigilant and aware of the potential risks before they arise.”
All stores need to be on their guard and ensure that they have the right solutions in place to help them reduce the risk of losing billions of pounds. Not only does theft and dishonesty cause costly problems for retailers, damaged or faulty In Store Technology can also be a nuisance over the Christmas season.
Safeguard your store against all risks and save yourself heaps of cash and stress.
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