January 30, 2001
Two new booklets are now available in the Loss Prevention series published by the Michigan Retailers Association (MRA).
How to Detect Counterfeit Currency shows retailers and their employees how to distinguish between genuine and counterfeit currency and gives tips on what to do if presented with suspected counterfeit cash. It includes a section on the security features added to the recently redesigned U.S. currency.
How to Prevent Return and Layaway Losses presents guidelines for developing sound store policies on merchandise returns and layaways that maintain a balance between customer satisfaction and a healthy bottom line. It incorporates the latest changes to state law on return of sales tax to customers.
The Loss Prevention series is designed to help retailers and other businesses avoid costly losses from fraud. Other titles in the series are How to Prevent Shoplifting and Employee Theft, How to Prevent Bad-Check Losses and How to Prevent Credit Card Fraud.
Copies of MRA's Loss Prevention booklets can be purchased for $3 each. To order, contact Retha Lachance at 800.366.3699 or rlachance@retailers.com.
The Michigan Retailers Association is the unified voice of retailing in Michigan and the nation's largest state trade association of general merchandise retailers. MRA's more than 5,500 retail business members operate more than 12,000 stores across the state.