An APG Case Study in Partnership with Londis Convenience Stores
Controlling Cash Shrinkage
Theft is one of the retail world’s biggest challenges. Especially in the independent convenience sector where stores are often manned by a handful of people that are not equipped with the latest security gizmos. In fact, nearly half of retailers (49%) have experienced theft of cash from their premises.1 This hurts businesses and their customers because merchants often have to pass on these losses by raising prices. With cash management solutions, businesses can fight back against theft and achieve an advantage over competitors.
Typical convenience stores in Ireland experience high cash usage. Hoping to eliminate cash shrinkage and improve checkout at its 13 stores in and around Dublin, Ireland, the Griffin Retail Group asked its POS systems provider for help. The provider, Galway-based Retail Solutions, reviewed a host of cash management solutions with the client, and one of them stood out – the SMARTtill™ Cash Management Solution by APG Cash Drawer.
Operations Director at Griffin Retail Group, David Bridgette, says the SMARTtill™ Solution beat the competition in cost effectiveness. “It provides all the functionality we require but at a fraction of the cost of some of the other solutions.” The SMARTtill™ Technology delivered a quick return on investment due to its multiple benefits at different areas.