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Which of the following can result in ‘retail loss’?

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Erick
a year ago
Question 9 of 13
Career development
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Which of the following can result in ‘retail loss’?

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How To Develop A Retail Loss Prevention Culture!
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13 questions (7 min)
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Why?

Every employee has to be trained to monitor the register and be aware of surrounding customers. Failing to do so can put the store at risk. Shoplifters usually take advantage of security flaws. It is also important to audit cashiers from time to time. Any shortages (or overages) should be cross-examined. To guarantee that cash is being safely handled, management should: ✓ Create a shortage/overage log for each payment terminal. ✓ Train managers to perform audits. ✓ Review each cashier attendant monthly. ✓ Monitor shift sales ✓ Report the amount of cash in the drawer at the beginning and end of work shifts. ✓ Audit cash registers three times a day. In order to create a 'retail loss prevention' culture, everyone must engage in these procedures.
Reference: 4 Techniques for Retail Loss Prevention - By Chloe Henderson Photo by Clay Banks on Unsplash

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