Remove 2019 Remove Accounting Remove Consumer Remove Shrinkage
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The Future of Ecommerce Demands a Better Understanding of Online Consumer Journeys

Retail TouchPoints

Global ecommerce rose from 15% of total retail sales in 2019 to 21% in 2021. While that may seem odd to say, given the extent that ecommerce now pervades most consumers’ everyday shopping, the current hot take from some industry analysts is that ecom growth has slowed and brick-and-mortar retail is on the rise.

Consumer 306
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Effective Ways to Utilize Video Surveillance

Independent Retailer

According to the 2020 National Retail Security Survey , retail theft, or shrinkage, is at an all-time high. In fact, in 2019, shrinkage accounted for an average rate of two percent of inventory, calculated at retail, costing the industry a record $62 billion.

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Effective Ways to Utilize Video Surveillance

Independent Retailer

According to the 2020 National Retail Security Survey , retail theft, or shrinkage, is at an all-time high. In fact, in 2019, shrinkage accounted for an average rate of two percent of inventory, calculated at retail, costing the industry a record $62 billion.

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Why Every Café and Coffee Shop Needs a Linerless Sticky Label Printer

Star Miconics

Modern Labeling Technology The teams at these shops must ensure they work accurately; mistakes and shrinkage can account for 4-10% of inventory loss. coffee shop market expanded to more than 40K stores in 2023 , 7% growth over 2019. However, they must also work quickly to keep lines short and accommodate busy customers.