Retailers are always searching for new ways to reduce retail losses such as lost sales because of empty shelves, losses at self-checkout, returns fraud and food waste.
Every year, store operations and loss prevention experts from over 300 different retail businesses from around the world participate in the meetings and research organised by ECR Retail Loss.
This podcast series brings you the latest insights from our research and best practice meetings.
Hosted on Acast. See acast.com/privacy for more information.
Retailers are always searching for new ways to reduce retail losses such as lost sales because of empty shelves, losses at self-checkout, returns fraud and food waste.
Every year, store operations and loss prevention experts from over 300 different retail businesses from around the world participate in the meetings and research organised by ECR Retail Loss.
This podcast series brings you the latest insights from our research and best practice meetings.
Hosted on Acast. See acast.com/privacy for more information.
This week Colin Peacock is joined by Richard Thaleman to discuss the benefits of selling bananas by item instead of by weight.
They look at how selling by weight adds friction and risk, and how switching to per-item pricing helped one retailer to significantly reduce losses.
When bananas can account for up to 60% of the losses of loose products, there is a big incentive to to change the way they're sold.
Find out more in this week's podcast.
Hosted on Acast. See acast.com/privacy for more information.