Five Below fights back on theft by reducing self-checkout

Five Below is reducing self-checkout at stores in an effort to prevent theft from cutting further into its bottom line. The company has "now evolved" to associate-assisted checkout across its over 1,500 locations, CEO Joel Anderson said Wednesday during the company’s fourth-quarter earnings call.He said Five Below locations susceptible to more "shrink" are mostly offering cashier-run checkouts. The retailer is also adding receipt checking, extra employees and more security guards at such stores, according t ...