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Talking Shrink: Using Business Know-How to Gain LP Traction

Tuesday, June 27
10:30am
–11:15am
Maryland D
Talking Shrink: Using Business Know-How to Gain LP Traction

Shrinkage takes a bite out of a business’s bottom line. According to the Global Retail Theft Barometer, inventory shrink amounts to almost $42 billion annually for U.S. retailers, or nearly 1.5 percent of sales. Join Macy’s John Matas CFE, CFCI and American Eagle Outfitters Inc.’s Ben Borer LPC to learn how to start the conversation between management, LP and sales teams. You’ll discover how to use existing shrink and sales data and specific key performance indicators to make the business case for a strong in-store shrink program.

Learn to:

  • Challenge traditional expectations of LP’s approach to shrink reduction.
  • Elevate management’s understanding of shrink impact and business acumen.
  • Take practical steps in developing a company-specific shrink impact tool.
Director of Omni Digital Loss Prevention
American Eagle Outfitters Inc.
Vice President of Asset Protection-Investigations/ORC
Macy's, Inc.