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Making the Right Choices in Tough Times By: Greg DeTardo, President, NuTech National With 2009 fast approaching, most retailers are predicting decreased comp store sales this holiday season. With the probability of an economic downturn that could last at best guess eighteen to twenty-four months, have you starting thinking about what affect this will have on your future budget demands and the likelihood of budget cuts as sales and profits fall?
Over the last twenty-six years, I have worked with hundreds of retail loss prevention and asset protection professionals on how to most cost effectively manage their alarm business. This has always been an area with significant potential for reducing cost and is even more important in this economic climate.