Retail crime is a “multi-category headache” for retailers, says Carol Spieckerman, president of Spieckerman Retail
Organized retail crime has once again cast a shadow over retail earnings season, with companies such as Target Corp., Dick’s Sporting Goods Inc. and Home Depot Inc. all highlighting the problem of retail theft.
Related: Dick’s Sporting Goods CEO highlights impact of organized retail crime: ‘It’s quite alarming what’s going on’ Store associates can’t be expected to police these situations and retailers don’t want to encourage that, as some incidents turn violent, Spieckerman told MarketWatch. “Additionally, local police forces don’t always have the bandwidth to take on retail crime, particularly in smaller communities,” she added.Last week, Ann-Marie Campbell, Home Depot’s HD, +0.50% executive vice president of U.S.
Speaking during a conference call to discuss the company’s second-quarter results this week, Dick’s Sporting Goods DKS, -0.34% CEO Lauren Hobart said that the retailer has deployed Lot Cop surveillance cameras in its fight against organized retail crime.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Dick’s Sporting Goods blames ‘organized retail crime’ for 23% drop in profitsDick’s Sporting Goods reported disappointing second-quarter earnings, which it attributed to “organized retail crime.” In response, the retailer slashed its earnings outlook from …
Weiterlesen »
A Christmas Carol (2009): Where to Watch & Stream OnlineFans of classic holiday stories will want to know where to watch A Christmas Carol (2009) starring Jim Carrey. Here's where you can stream the movie online.
Weiterlesen »
USD/CNH: Yuan drops below 7.2900 on PBoC moves, multi-year high US-China yield gapUSD/CNH rebounds from a one-week low, marked earlier in the day, as it picks up bids to 7.2880 as markets in China opens for Tuesday. In doing so, the
Weiterlesen »
Cryptoverse U.S. retail traders eye a fresh piece of the crypto derivatives pieAmerica's mom and pop bitcoin buffs have a shiny new derivatives playground that cryptocurrency analysts hope will fire up a moribund market.
Weiterlesen »
New Zealand Core Retail Sales QoQGet the Core Retail Sales (QoQ) results in real time as they're announced and see the immediate global market impact.
Weiterlesen »