This was a group project of the JCPenney Company and shows the breaking down of their strategies financially, economically, competitively, etc. These strategies define their operations and its ups and downs throughout the company’s history. This ppt. was made as a visual aid for our presentation back in the Fall of 2012.
Every year, retailers around the world loose a big chunk of their inventory and profits to internal as well external theft. Organised Retail Crime is a major Issue in the Retail Industry that’s continuously getting neglected. According to The National Retail Federation’s 2009 Organized Retail Crime Survey, 92 percent of retail companies were victims of organized crime activity during the past year, an increase of 8 percent from 2008. The percentage of loss of products between manufacture and point of sale is referred to as shrinkage. In 2008 Global Retail Barometer surveyed 36 countries, the shrinkage calculated approximates US$ 104,529 million, constituting a share of 1.34% of their retail sales.
This was a group project of the JCPenney Company and shows the breaking down of their strategies financially, economically, competitively, etc. These strategies define their operations and its ups and downs throughout the company’s history. This ppt. was made as a visual aid for our presentation back in the Fall of 2012.
Every year, retailers around the world loose a big chunk of their inventory and profits to internal as well external theft. Organised Retail Crime is a major Issue in the Retail Industry that’s continuously getting neglected. According to The National Retail Federation’s 2009 Organized Retail Crime Survey, 92 percent of retail companies were victims of organized crime activity during the past year, an increase of 8 percent from 2008. The percentage of loss of products between manufacture and point of sale is referred to as shrinkage. In 2008 Global Retail Barometer surveyed 36 countries, the shrinkage calculated approximates US$ 104,529 million, constituting a share of 1.34% of their retail sales.