Effective Asset Management in Retail

June 23, 2016

Millions of people pass through supermarket doors every year, with retailers generating billions of pounds in sales. An escalating price war between the big five chains means shoppers saved £182m on their grocery bills last year. However, along with the millions of pounds that retailers make, there are millions more that they lose because of theft and fraud. It is common that in times of economic uncertainty fraud increases, but this activity costs UK retailers billions of pounds each year. Worryingly, 22% of this theft and fraud is by staff, highlighting the importance of installing a positive culture and an intelligent asset management system to prevent losses.

Spotlight

Foot Locker Europe

We are a specialty athletic retailer that operates approximately 3,270 stores in 27 countries in North America, Europe, Asia, Australia, and New Zealand. Through our Foot Locker, Kids Foot Locker, Lady Foot Locker, Champs Sports, Footaction, Runners Point, Sidestep, and SIX:02 retail stores, as well as our direct-to-customer channels, including Eastbay.com we have become a leading provider of athletic footwear and apparel. We continually push ourselves to look at the market in new ways and remain industry pioneers.

OTHER WHITEPAPERS
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Reimagining Retail Commerce in 2023

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Spotlight

Foot Locker Europe

We are a specialty athletic retailer that operates approximately 3,270 stores in 27 countries in North America, Europe, Asia, Australia, and New Zealand. Through our Foot Locker, Kids Foot Locker, Lady Foot Locker, Champs Sports, Footaction, Runners Point, Sidestep, and SIX:02 retail stores, as well as our direct-to-customer channels, including Eastbay.com we have become a leading provider of athletic footwear and apparel. We continually push ourselves to look at the market in new ways and remain industry pioneers.

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