Thread regarding Lowe's Cos. layoffs

Shrink

Former LPM here. Just wondering from all still at the blue hole, has shrink gone up that drastically since they cut LP?
How have inventories been? Just curious..thanks.

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| 1852 views | | 8 replies (last January 11, 2020) | Reply
Post ID: @OP+12FDArpW

8 replies (most recent on top)

After making inventory by .4%, we missed the following year by .26%. funny thing is guy running it wasn't surprised... It's happening all over

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Post ID: @itvw+12FDArpW

Ours was bad. Tools being stolen on a more frequent basis and being caught on camera. On one recent occasion had a new hire run out into the parking lot and attempt "recovery". Thank God he didn't get hurt. It's not just about $$$ if and/or when someone gets hurt or possibly worse. Yes, there will be those that say "well if that happens that is due to lack of training". Well how do you drive that message effectively when the stores no longer have a physical LP or HR person to drive that message into them time and time again? You think that annual computer based training course does the trick? Apparently not.

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Post ID: @6wbe+12FDArpW

Bad. My apdm told me that the LP cuts saved the company 50M in payroll and shrink went up 60M

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Post ID: @3cej+12FDArpW

All inventory has blown up unless the numbers were crunched. Go f—ing figure

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Post ID: @3cdt+12FDArpW

We had the best inventory in the history of our store

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Post ID: @2wpo+12FDArpW

LP must be coming back

My store has contractors putting in new
Cameras ALL over the store

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Post ID: @2dif+12FDArpW

I’m told 20 point misses are now commonplace. Shocking, huh?

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Post ID: @cqt+12FDArpW

My store's inventory shrink went from .65 last time to .81 this time.

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Post ID: @qxd+12FDArpW

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