Food Mart Management |
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Preventing Cash Ploys
& Customer Theft  |
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Although most
inventory loss is attributed to vendor and employee theft, loss due to shoplifting should
not be ignored. The following are red flags that will help you spot shoplifting and cash
ploys before it's too late. |
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Food
Mart Gross Profit Percent Guides |
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These are recommended gross
profit percent goals based on industry standards. The listed percentages should be used
only to establish initial goals. After a history of
gross profit has been established, percentages should be customized to the
individual location. Measure your store against our numbers. |
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Possible
Indicators of Vendor Theft |
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Should you observe any of the following
activities, there is a good possibility the vendor may be stealing from your store. Listed here are 25 "red flags"
that may indicate a vendor is stealing from you. Consider what other food mart operators
are doing in this area. |
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Human Resources
- Basic Employee Training |
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A proper
training program, even a simple and informal one, gives your new employees the best
possible chance at success. Its also the best way to make them feel good about their
job, and your company. |
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Minimizing
Those "Out-of Stocks" |
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10 percent of customers said they
have stopped going to a convenience store that was out-of-stock on a favorite item.
Customers, if faced with an out-of-stock on their favorite item, will leave the store
without purchasing a substitute; the average store loses 36 percent of sales. |
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Coffee
Merchandising & Marketing |
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Many of our clients enjoy $5000
plus per month in coffee sales! Here you'll find factors that
influence the taste of a cup of coffee, and some of the secrets to
their success. |
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Five
Traits Food Mart Employees Need
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Listed here
describes the five basic skills and traits that all retail employees need so that your
store will shine from the moment customers walk in. |
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Service Station Security Alert!
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the electronic data off the magnetic stripe on credit cards
(called skimming) is big business. Keep in mind that you, the
dealer/reseller, could be held liable as for the acts of your
employees should fraud take place at your station. |
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Coffee & Fountain Merchandising Ideas |
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Coffee and
fountain promotions are traffic builders and can be combined with
other products to build complementary sales. Here are some ideas our
food mart clients have successfully used to increase their
transaction rates and add to the success of their business. |
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Dealing
With
Problem Cashiers |
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After you've
investigated a problem or complaint, if you find that action is necessary, you'll need to
deal with the cashier in question. |
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Food Mart
Advertising Layout Guidelines |
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Many a novice designer has tried to
cram too much information or too many design elements into an ad layout. Here are some tips for increasing the power of your
message using white space as a design element. |
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Factors Affecting Today's Convenience Store |
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From our
survey and in-depth analysis here are the factors that could be
affecting your convenience store's sales and profits. Check them
out, you're sure to recognize a few. |
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Robbery Deterrence:
Steps For Safer Stores |
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The Federal Bureau of Investigation (FBI)
reports more robberies take place during early dark hours than other
times. How do you deter a robbery
from happening in your store? We have come up with a set of robbery
awareness/deterrence tips based on policies and procedures our clients use in their
stores. Here are a few of their good ideas. |
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Preventing Internal
Food Mart Theft
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Those of our clients with the least amount
of cash shortages and fraud have written policies regarding the handling of cash and
cashiers. Protect your business easily by putting into effect these simple and easy to use
guidelines. Also listed is the S.O.S. of cashier fraud. |
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Inventory Control
Management |
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Proper inventory control is critical to
quality merchandising. Improper controls or no controls at all can result in holes on the
shelves, which can affect your sales. After all, a customer can't buy what you don't have. |
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Candy
Merchandising Techniques & Ideas |
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The candy department has one of the
fastest turnovers in the Food Shop; therefore, this department is one of the most
profitable. Successful merchandising depends on proper placement and competitive pricing. |
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Beverage Quality
Control Management |
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To keep your fountain sales
high this winter, follow these simple steps to ensure your customers get the quality
beverage product they know and expect. |
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Avoiding Employee
Fraud and Forgery |
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Falling victim to counterfeiting,
check or credit card fraud can devastate a small business. Since counterfeiting is
mushrooming,
entrepreneurs must focus their resources on prevention. |
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The High Cost of
Shrink |
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If you own or manage a snack shop or food
mart, you know the high cost of shrink eats away at our profits and restricts our
ability to attain desired gross profit percentages. The following example shows how little
things can become big. Check this out. |
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Vendor Receiving Policy
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To ensure an
accurate delivery, and maintain the highest gross profits possible, consider implementing
our easy to follow Vendor Receiving Policy. |
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The
Ways Employees Steal From You |
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In today's
economy, controlling employee pilferage can be the difference between success and failure.
Indeed, 60 percent of all business failures are a direct result of internal theft, reports
The Small Business Administration. |
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Securing
the Workplace in Food Marts |
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When food mart operators list their top workplace concerns, seven
out of 10 have to do with the behavior of employees. This is now backed up by a
new survey by Pinkerton, the nation's largest security company. |
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ATM
Merchandising Ideas, Fees, Facts & Benefits |
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More and more
people are using ATM's than ever before. Our clients indicate that these machines
are not only profitable in themselves, but also attract people into the store where they
actually spend some of the money received from the machine. |
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