G4S Urges Retailers To Plan Ahead To Keep Olympics Tills Ringing

 
Carl Palmer – Choose your Company Values Carefully In his latest blog for infologue Carl Palmer, Exec Chairman at CIS Security writes on the subject of the importance of meaningful values for People in Security, and why. Read on »
Bob Forsyth – What’s in Store for 2019? In his latest blog for Infologue Bob Forsyth, Chief Executive Officer at Kings Security writes about what we may expect of the Security Sector in the New Year.  Read on »
Carl Palmer – Take a Walk in Their Shoes In his latest blog for Infologue Carl Palmer, Exec Chairman at CIS Security writes about his experiences on the Clipper Boat Race, his business approach and how one has influenced the other. Read on »
Sunday, 20 January 2019

G4S Urges Retailers To Plan Ahead To Keep Olympics Tills Ringing

G4S Cash Solutions has called for retailers to plan early to keep cash flowing during the Olympic Games.

Speaking at a recent British Retail Consortium (BRC) event in London, G4S cash management expert Chris Rowe said that smaller retailers in particular will need to plan carefully to manage their cash flow if they are to take advantage of the increase in visitors expected to hit the capital next year.

In his presentation to an audience of leading UK retailers including John Lewis, B&Q and McDonald’s Restaurants, Chris emphasised the need for retailers to plan early to deal with the increase in congestion that could impact cash deliveries and collections at peak times.

He said: “The Olympic Games is a great opportunity for retailers however, the provision of cash will be crucial. With many of London’s key roads restricted due to the use by the Olympic Road Network and the wider security threats associated with major events, retailers are at risk of losing out if they do not plan ahead. G4S Cash Solutions is already working closely with customers to develop plans to ensure they are well-equipped to deal with the cash flow challenges facing them at what will be an extremely busy and potentially profitable time.”

With an estimated uplift of £750m expected over a seven week period and cash withdrawal predicted to rise by 27%, the secure transportation of cash across London will be vital.

Catherine Bowen, Crime Policy Adviser for BRC added: “It is vitally important to ensure that retailers have goods and services in store to sell to the increased numbers of visitors.”

G4S has been working in partnership with government, the police and customers to ensure that businesses are able to operate effectively during peak times of the year.

G4S Website


Leave a Reply

Your email address will not be published. Required fields are marked *

*

Interconnective Security Products