Not everything is declining in the food retailing business during this recession. Sales and profits may be down, but organized retail crime (ORC) is up. Wegmans Food Markets, for example, is seeing a 30% increase in ORC incidents this year across its 73 stores in five states, compared with an 18% jump in 2008. “For us, that's pretty significant,” said Maureen Grande, Wegmans' loss prevention regional manager for Buffalo/Syracuse, N.Y. Wegmans is not alone. Nearly three-quarters (73%) of ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.