Profit is one of the major catch words in business. A business, that guarantees everything, but does not make any profit, is not a business at all. Therefore, profitability in retail is an essential aspect of each and...
The Scenario In a self-service modern retail, as per reports from experts, the loss from retail shrinkage accounts for 2% of total revenue. Retail shrinkage is a reduction in inventory (physical and book) due to shoplifting, employee theft, paperwork...