Increased Shrinkage Problems During the Holidays for Retailers...But Is There a Solution?

The New York Times covers a report on the increased shoplifting and shrinkage problems retailers are facing during the holiday season. Read it here.

But is there a solution to all this? Is there a way for retailers to keep a good eye on their inventory despite the hustle and bustle of the pre-Christmas shopping they continue to work with, leading up to Christmas day? (A recent Twitter widget shows only 20 snippets of the many who are "last-minute Christmas shopping"!)

The answer is YES.
There IS a way for retailers to keep a close watch and increase their profits.

Right now it is crucial for store owners and managers to know what their inventory has and doesn't have as well as be constantly alert to shoplifting and shrinkage issues with a reliable Point of Sale solution.

I recommend this article: Getting Ready for the Holidays
It covers various ways to get the most out of the biggest shopping season.
With Christmas a couple of days away, make sure the last-minute-shopping frenzy leaves your store profitable and your holiday bright!

Happy Holidays!

www.RetailPosCounterPoint.com

All New eBook available for FREE download on our website!

One Step Retail Solutions has released a new eBook, "Succeeding in the Retail Business during Economic Stress" by Kevin McAdam which offers insight and strategies for retailers suffering at the hands of a struggling economy.

Looking at trends in retailing and current industry news spouting doom and gloom, Kevin McAdam gets to the bottom line with survival strategies that help retailers adapt to changing technologies and the new realities of the marketplace.

“This book is very timely because of the current economic conditions, and Kevin really gets into the necessities of what retailers should do during challenging times,” says Scott Kreisberg, CEO of One Step Retail Solutions. “His strategies point out how retailers can not only survive, but thrive during these conditions. I can personally vouch for the validity of his strategies, since I passed on these strategies to him and have watched my clients remain profitable during three economic recessions over the past 20 years as a result.”

This book is a compilation of articles from Kevin's column in a newsletter published by One Step Retail Solutions, advising its retail customers how to get through the economic climate of decreased sales numbers.

Alicia Kreisberg, Chief Operating Officer at One Step claims, “Retailers will find this book very insightful, particularly because the approach and principles outlined in Kevin’s book are taken from the same practices we use at One Step with our clients. No matter what the economic climate is, we make sure that our clients have the tools to succeed.”

Retailers will find in-depth methodologies for such matters as weathering a storm in the retail business, increasing sales through channels of retailing, having the right product at the right place at the right time, how retailers should focus on their core strengths, and adjusting a retail business to changing economic times.

The eBook version is now available as a free download at www.RetailPosCounterPoint.com/eBook.

What Happened on Cyber-Monday?

Cyber-Monday ended yesterday and I found a great article on washingtonpost.com which gave a summary on how it did, you can read it by clicking here.

As you may already know, Cyber-Monday came about because it was noticed that sales boost when consumers returned to work from the holiday and indulged in online shopping.

I wanted to ask around to retailers and find out:

• How well did your online store do?
• Were your profits better or worse than Black Friday?
• How much shopping did you do on Cyber-Monday?

The holiday shopping season has not finished yet!
Time is ticking for procrastinators to finish shopping for their loved ones and friends.

The countdown for Christmas has begun!

www.RetailPosCounterPoint.com
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