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How Retailers can Combat the Rising Threat of Theft

Retail TouchPoints

External Theft According to the NRF, shoplifting and other forms of external theft, including burglary, accounted for 37% of reported shrink in 2022. Optimize inventory management: Like damaged products and shipping errors, theft can negatively impact retail inventory management.

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Imagine being able to see into the future

Inside Retail

Having a better understanding of what your customers want to buy and when could take the guesswork out of sales forecasting, inventory management or staff rostering. with the annual change in the Australian Bureau of Statistics’ (ABS) National Accounts nominal household final consumption over recent years.

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How Castlery came back from the brink to disrupt the furniture industry

Inside Retail

We grew relatively quickly in Singapore, and we entered Australia in 2017, but at that time, we were still very naive. One of the biggest problems in the furniture industry is inventory, so this allows our close partners to work with us, so we get better inventory management.

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FTI says online retail sales to hit $1.2 Trillion

Mass Relators

e-commerce sales to account for 22.7% E-commerce sales growth represented 46% of total retail sales growth in 2023, which is consistent with pre-COVID capture rates, and 57% in the first quarter of 2024, its highest rate since 2017, excluding the pandemic period. WASHINGTON — U.S. online retail sales will reach $1.2

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The Paper Store wins Retail Innovation Award

Retalon

The Paper Store was selected for this award due to the technological innovation in it’s supply chain including the introduction of Retalon predictive analytics to optimize inventory management and promotions. TPS is a highly seasonal, event-driven retailer with many high peaks and low valleys in demand.

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The Paper Store wins Retail Innovation Award

Retalon

The Paper Store was selected for this award due to the technological innovation in it’s supply chain including the introduction of Retalon predictive analytics to optimize inventory management and promotions. TPS is a highly seasonal, event-driven retailer with many high peaks and low valleys in demand.

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5 Ways Predictive Analytics Help Retailers on Mother’s Day

Retalon

The solution will intelligently identify any potential shifts in demand due to product cannibalization and build optimal size curves while accounting for the depth and diversity of the assortment. Most retailers will run promotions with minimal consideration of inventory. 3) Omni-Channel allocation of Mother’s Day merchandise.