Shrink Management Articles

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Decrease Shrink to Increase Profitability at Your Truckstop [Infographic]

May 1, 2018

Decrease Shrink to Increase Profitability at Your Truckstop [Infographic]

Retail losses can add up to big bucks for operators, and any net operating cost improvement plan should include a robust plan to manage retail and cost shrink.

Reduce Theft at Your Truckstop Location [Infographic]

January 1, 2017

Reduce Theft at Your Truckstop Location [Infographic]

Following the holidays, theft can increase as employees and customers alike start realizing they may have overspent on gifts. This infographic offers several easy, actionable tips that can help operators reduce shrink.

What is your number one shrink prevention tool?

January 1, 2014

What is your number one shrink prevention tool?

Learn about the shrink prevention tools truckstop operators rely on.

Implement Internal Controls at Your Truckstop to Minimize Risks of Fraud and Theft

January 1, 2014

Implement Internal Controls at Your Truckstop to Minimize Risks of Fraud and Theft

Each day businesses throughout the United States fall victim to fraud. The perpetrators range from front-line employees to upper management, and unfortunately, the hard truth is that fraud is on the rise. That means business owners need to be even more diligent when creating a system of checks and balances that will take away the opportunity for employees to steal.

Take Advantage of Holiday Sales

September 1, 2013

Take Advantage of Holiday Sales

The winter holidays bring additional sales opportunities for truckstops and travel plazas. Not only do locations see an increase in the number of four-wheeler passengers stopping in as they travel to be with friends and family, professional drivers are often on the look out for gifts for loved ones while they’re out on the road. And while Thanksgiving and Christmas are still a couple months away, now is the time to create sales strategies that will increase sales and profits.

Minimize Employee and Vendor Theft

April 18, 2013

Minimize Employee and Vendor Theft

Losses from theft—also called shrink—are a part of life for retailers. Shrink will never be completely eliminated, but truckstop and travel plaza operators can take steps to minimize it.

Education Announced for The NATSO Show

November 12, 2012

Education Announced for The NATSO Show

18 educational opportunities have been crafted to help NATSO members improve their business operations today and make innovative business decisions that will lead them into the future.

How Do You Combat Shrinkage in Your Store?

November 1, 2012

How Do You Combat Shrinkage in Your Store?

By far our best asset protection is our employees.