Articles by tag: organized retail crime

Retail Roundtable: How Serious is the Retail Shrink Crisis?

Industry Roundtable retail shrink

In recent years, the narrative surrounding retail shrink—a significant issue for brick-and-mortar stores—has taken a dramatic turn. Fueling headlines are reports of escalating organized retail crime (ORC), with stores like Walmart shuttering locations in Portland, Oregon, and Target predicting a $500 million impact on profitability due to inventory shrink. Contrarily, some recent surveys show…

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Crime-Related Retail Closures Soared in 2022. Is Closing Shop the Right Solution?

There are rising concerns about increasing crime rates the past couple of years in the U.S., and the retail industry is no stranger to this. In fact, the 2022 National Retail Security Survey revealed a 26.5 percent increase in organized retail crime (ORC), according to the National Retail Foundation. How are retailers reacting? Some, like…

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ensuring excellence
Ensuring Excellence: Jonathan Yu’s Commitment to Quality Control
June 15, 2024

Meet Jonathan Yu, the meticulous Quality Control Manager at Rentex, Philadelphia. Jonathan helps to ensure project success for Rentex customers by keeping all equipment is in tip-top shape. With the precision of a Jedi, he maintains the highest standards of quality and reliability, bringing unparalleled dedication his role. Join us in celebrating Jonathan’s hard work…

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resilience in action
Resilience in Action: Rodney Krantz’s Operational Expertise
June 15, 2024

Meet Rodney Krantz, the dynamic Operations Manager at Rentex Las Vegas. Rodney thrives in the bustling environment of Las Vegas, expertly managing operations with remarkable resilience and determination. His journey as a cancer survivor adds to his strength and dedication, inspiring those around him. Join us in celebrating Rodney’s unwavering commitment and the vibrant energy…

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mastering multitasking
Mastering Multitasking: Garrett Millar’s Warehouse Leadership
June 15, 2024

Meet Garrett Millar, the adept Warehouse Manager at Rentex, Las Vegas. Garrett excels at multitasking, expertly juggling numerous responsibilities to ensure smooth and efficient operations. His ability to handle diverse tasks with precision and agility keeps the warehouse running seamlessly. Join us in celebrating Garrett’s dedication and the exceptional management skills he brings to our…

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Tech-Savvy Leadership: Robert Zicarelli’s Warehouse Expertise
June 15, 2024

Meet Robert Zicarelli, the diligent Assistant Warehouse Manager at Rentex Las Vegas. Robert excels in maintaining efficient warehouse operations with a keen eye for detail and organization. His strategic approach to challenges is as meticulous as fine-tuning a high-performance car. Join us in celebrating Robert’s dedication and the innovative energy he brings to our Las…

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