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"Pushing Out Profits: LP's Missed Opportunity" Uncovers the True Cost of Renegade Shopping Carts

 

RALEIGH, September 15, 2016 - Ever wonder how much a lost shopping cart truly costs? Wonder no more with the Calibration Group's whitepaper, "Pushing Out Profits: Loss Prevention's Missed Opportunity" sponsored by Rocateq USA.

"Unfortunately, Loss Prevention teams get trapped into only looking at certain sources of loss," said Tim Bartkowiak, LPC, Vice President of Sales and Marketing. "We want to remind retailers thousands of dollars can be saved with cart containment programs. Rocateq is pleased to sponsor this whitepaper to equip Loss Prevention teams with insight to a problem they might not otherwise know exists."

"Calibration's whitepaper also raising significant statistics about the true cost of losing just one shopping cart," continued Bartkowiak. "Consider this: If one 250-store chain lost one shopping cart per store to theft per year, then at a replacement cost of $125 per shopping cart, the total cost of replacing 250 carts would be $31,250! These are staggering stats that truly make a huge impact on a retailer's bottom line."

Shoplifters use shopping carts to steal large quantities of merchandise in one trip by filling a shopping cart with large quantities of high-dollar merchandise. Calibration Group's whitepaper revealed the average loss incurred by a single push-out is estimated at $429. Not only are push-outs and stolen shopping carts common sources of direct financial loss, they are also sources of sales decline.

About Rocateq
Rocateq is a leading international cart containment, and business intelligence solution provider. Rocateq is committed to providing retailer's quality, valuable and actionable technology, and software that contributes to smarter shrink control solutions and profit enhancement. As any retailer knows, smarter shrink control equals profit growth.

To find out more visit www.rocateq.com/usa

 

 

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