To prevent theft, retailers like Target and Walmart are locking up popular items. But this frustrates customers, pushing them to shop online on platforms like Amazon. While online sales surge, in-store sales are taking a hit. 🎧 In this episode, we’ll explore: The staggering $94.5 billion lost to theft in U.S. stores annually. Why locking items leads to a $340 million loss in sales for retailers. How e-commerce giants like Amazon benefit from this shift. The balancing act for retailers: preventing theft while keeping customers happy. Discover the challenges facing brick-and-mortar stores in today’s competitive retail landscape and what it means for the future of shopping. 🔗 Listen now: https://matt-english.com/podcast/ 📚 Want to improve your English? Check out these programs:🔹 Business English Pro (Full Access)🔹 10-Minute Business English (Mobile-Friendly)▶️ Details here: https://www.wisdomsq.com/program/ #RetailChallenges #Ecommerce #Podcast #LearnEnglish #TheftPrevention
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