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Retail Information Technology Enterprises R.I.T.E.
Rick Feuling (left),
Ryan Sakry (center),
Shannon Feuling
320-230-2282

Scavenger Hunt Game questions:

1. On average how often does a cashier, entering digits by hand, make a mistake?
Every 350 Characters - equaling approximately $6.34 a day in errors a day on an old cash register

2. What year was the cash register invented?
1879 by Jame Ritty - to eliminate employee theft

3. What percentage of bankruptcies is cased by employee theft?
Answer: one third (estimated)
Source: employee theft: the profit killer - John Case, CPP

4. What is GMROI (pronounced jim-roy)
Answer: It's one of the most important, if not THE most important statistics a retailer could know about their products. Gross margin return on investment, meaning, for how much money I stuck into a product and how long that money has been invested, what's my return on that.

5. What percentage of employee theft goes unoticed
Answer: up to 75% (estimated)