Shrink

Simpson and Alexis

23 Jun: David Simpson Saves his Best Buy Store Money, Simplifies Smartphones for Seniors

Dave Simpson saw a problem at the Best Buy store where he worked in asset protection.

“I noticed we really didn’t have the best shrink culture,” he said.

That means his store in Collegeville, Pa., wasn’t doing well when it came to reducing losses to shoplifting, employee theft, cashier errors or merchandise mistakes.

So he decided to do something about it by educating his co-workers. Simpson created a series of development classes, called “Seal Team Six,” to teach the importance of shrink and safety while empowering employees to create their own shrink-stomping practices.