A blog on issues affecting Australia's newsagents, media and small business generally. More ...

Money wallets the most stolen Christmas cards

moneythiefThe irony of money wallets being the most stolen Christmas cards is not lost on me. We have responded by adjusting placement to make capture of those involved easier.

Theft by customers is part of retail. While the figures vary between stores due to local factors such as placement and management, the overall average for the Australian newsagency channel is that theft costs us between 3% and 5% of turnover.

Reducing the cost of theft starts with knowing for sure what is being stolen – like the Christmas money wallets.

2 likes
Customers

Leave a Reply

Your email address will not be published. Required fields are marked *

Reload Image