The Hark Blog - Archive

Retail Loss

The True Cost Of Shrinkage

According to the ‘Retail Security in Europe, Going beyond Shrinkage’ report, UK retailers lose almost £11bn annually in shrinkage – the highest of any country

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Energy Tool

Better, Faster, Stronger – Our Energy Tool

Insight into consumption levels is the key to becoming more energy efficient, but gaining this information involves in-depth analytics which is a lengthy process that Energy Managers and Asset Owners don’t typically have the time to fulfil, meanwhile all of this valuable information is being lost…

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Loss In Retail

Measuring and Scoping Retail Loss

Retail loss can amount to a significant sum of money if left unchecked, as estimates put shrinkage at around 2% of annual revenue lost. Measuring and scoping retail loss is the first step in reducing this…

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What is Retail Shrinkage - harksys.com

What is Retail Shrinkage?

Retail shrinkage is described as anything that attributes an unwanted loss of inventory, including breakage, wastage, theft, admin error and vendor fraud.

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