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RETAIL INDUSTRY THEFT
The safe keepers: Inside India's booming locker economyIndia’s locker economy is booming amid rising gold prices and household wealth. While banks remain the preferred repository, private vault ...- 'You want me to quit? Sure': Gen-Z retail employee quit after boss said “work somewhere else,” triggering an 8-person walk-out over shady pay rulesA boss's dismissive attitude towards his young, female staff backfired spectacularly. When an employee challenged illegal practices, he thr...
- GTA 6 delay rumors crushed as Take-Two confirms release date: When will pre-orders be available for fans and playersThe concerns largely stem from the game’s lengthy development cycle and the gaming industry’s recent history of delayed AAA releases. Howev...
- India’s gas utilities aim to grow market share on LPG shortagesIndia's natural gas companies are seizing an opportunity. Recent Middle East conflict has disrupted cooking fuel supplies, leading to short...
- Stop, thief! Retail giants are facing a new 'lifting' problem - not just from customers, but also staff & vendorsIndian retail faces increasing shrinkage issues due to thefts and errors, with Trent Ltd reporting a rise in shrinkage to 0.41% of sales in...
- Why security guards aren't enough to prevent losses and what you should do to make your home, office or warehouse safeExperts emphasize the need for comprehensive security measures, including surveillance systems, access control, alarms, and professional se...
- Shoplifters of the world, unite and take over!Shoplifting incidents reported by the police have risen by 25% in Rishi Sunakland in the year ending June 2023, with some establishments li...
- IP theft, cyber security & accidents top 3 threats for Indian industry: SurveyAlso, 'threat to women safety' risk has jumped from 12th place in 2021 to 5th place in 2022 India Risk Survey, the report stated while urgi...
- Big retailers like Future Group, Mango plan to remove restrictions on carry bags despite rampant shopliftingRetailers plan to review the policy of restraining shoppers from carrying their bags and instead increase investments in technology, traini...
- Eskom reduces T&D loss to below 10% on efficiency initiativesSAfrican utility Eskom claims that it ensures power transmission & distribution losses are well below 10% through a mix of energy efficienc...
- How companies like Essar, Reliance Trends, others crack down on internal theftFrom sharing databases to tightening in-house checks & warning staff of strict action, they're doing everything they can to protect the bot...
- Dirty secret of India’s political economyThe Economic Survey tucks away a little, dirty secret of India’s political economy in a box on power sector reform.
- Retail fraud management is need of the hourIndia, for the fourth time in five years, has been ranked as the most attractive country for retail investment among 30 emerging markets, a...
- US calls level of China copyright theft 'unacceptable'The US government said on Friday that the level of theft of copyrights and patents in China "remains unacceptable" and kept Beijing on a "p...
- Retailers won’t let staff steal showOrganised retailers Future Group, Spencer’s, Reliance and Aditya Birla Retail to create a blacklist that will include names and details of ...
- Insatiable: For gamers, the craving just won't go awayTroubled economy and rising prices won’t keep videogamers from splurging on their latest must-have diversion- Grand Theft Auto IV. Tashan: ...
- Organised retail to touch $30 bn in next 3 years: FICCI-E&YBoom in retail sector would see the number of malls rise to 600 by 2010 from 158 in 2005. Super-smart at the supermarket
- IBM unveils middleware for Indian retail industryIBM on Tuesday unveiled its 'Store Integration Framework (SIF), a middleware designed to address the issues related to the Indian retail in...
- Shrinkage costs Indian retail industry Rs 9,691 cr: StudyIndia's retail industry suffered a loss of Rs 9,691 cr due to shoplifting and waste in 2007, says a report by Center for Retail Research. S...
- Now, mobiles will scream and go blank if stolenA new service that makes mobile phones emit a piercing electronic scream if stolen and automatically blocks access to sensitive data was la...
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