Retailers are spending less on loss prevention, and maybe that’s not such a good idea. In 2016, the rate of “shrinkage,” or inventory that goes missing for any reason, increased to 1.44% of all sales, or a total of almost $48.9 billion. [More]
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Survey: Americans Waiting Until After Election To Shop For Holidays
Whether it’s because of anxiety due to the upcoming presidential and congressional elections or a stubborn refusal to even think about winter holidays before Halloween, Americans are reportedly waiting until after the election is over to begin their shopping. No, they’re not waiting until after Thanksgiving: that would be silly. [More]