Your retail sales are fine.Your profits aren’t.Here’s why.Hi, I’m Clare Bailey, founder of Retail Champion.In this episode of Retail Reckoning, I’m joined by Graeme Sharp from Sharper Margins.We'll be unpacking where retail profits really disappear and why it’s rarely down to one big dramatic mistake.This isn’t an episode about paranoia, security theatre, or treating your team like suspects.It’s about the small, everyday losses that quietly erode margin and add up far faster than most retailers expect.We talk about why shoplifting is only part of the story, how mispricing, admin errors, poor stock control, and broken processes quietly drain profit, and why relying on instinct alone stops working as your business grows.This episode isn’t about complicated systems or expensive tech.It’s about awareness, consistency, and simple controls that actually protect your margin.This episode breaks down:Why retail profits leak even when sales look healthyThe hidden losses most retailers underestimateHow poor stock accuracy quietly destroys marginWhy trust and control aren’t oppositesWhat retailers should focus on in the next 90 days to protect profitIf your business looks busy but the money never quite stacks up, this episode will help you understand what’s really going on behind the scenes.Fewer leaks.More clarity.Healthier margins.Let’s get your Retail Reckoning together.Useful links:Subscribe to the Retail Reckoning Newsletterhttps://retailreckoningpodcast.co.uk/newsletterRetail Champion: https://theretailchampion.co.ukMentioned in this episode:Retail Reckoning Podcast Insights NewsletterGet Retail Reckoning Podcast Insights and Goodies - https://retailreckoningpodcast.co.uk/newsletterRetail Reckoning Podcast VIP newsletter