VIDEO: Retail Tips on Vendor Theft
JERSEY CITY, N.J. -- Convenience Store News for the Single Store Owner, in cooperation with CBC Learning Center, is making content from CBC's C Square website available to our readers.
C Square, accessible at www.myCsquare.com, is a website specially developed for the advancement of convenience store owners. Part of C Square's offering is professionally produced videos spotlighting critical retail tips.
In this new video, Terry Lambert, an instructor for the CBC Learning Center and a convenience store owner himself, discusses how retailers can protect their businesses against vendor theft. He notes that 24 percent of c-store shrink is caused by vendor theft and errors, making systems all the more important.
Lambert suggests store owners develop and maintain a vendor log and a vendor schedule, and share it with their staffs. Those vendors not on the log or schedule should not be allowed into the store, he said.