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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. Remotely Manage Retail Locations. Reduce Retail Theft .

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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. Remotely Manage Retail Locations. Reduce Retail Theft .

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Retail x Fintech: The Importance of Security in Retail’s Adoption of BOPIS and Payment Installment Plans

Retail TouchPoints

Over the past several months, retailers have experienced challenges and changes they thought they would never see in 2020. When they do, they create accounts and pass credit checks using stolen consumer information. The process of tokenization makes use of secure, randomly generated tokens in place of a primary account number (PAN).

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Count on Webex for your Data Locality and Sovereignty Needs

Cisco Retail

Additionally, EU customers who had set up their accounts in the US prior to data residency availability have an option to migrate their organization’s data and user content to the EU. FedRAMP stands for the “Federal Risk and Authorization Management Program.” Granular Controls and Data Loss Prevention. Bring Your Own Key.

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Don’t Measure? Don’t Believe It!!

DMS Retail

If some consultant tells you that this statement is false… “If you can’t measure, you can’t manage.” Loss Prevention. Tuesday, April 7 and Wednesday, April 8, 2020. If you don’t know retail math, you can’t effectively manage a retail business. Management.

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5 Major Retail Digital Transformations to Watch For in 2021

Retalon

However, traditional spreadsheet analytics cannot account for store-by-store variations in the promotion’s effectiveness or secondary effects such as demand cannibalization. According to Digital Commerce 360 , American consumer online spending in 2020 increased 44% to $861 billion. check out their story here).

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An Overview of how the BOPIS Retail Strategy is Transforming the Industry (2021)

Retalon

Major retailers survived 2020 by transforming how they got their products into customers’ hands. Better inventory management and visibility. Retailers need better inventory management practices to conduct BOPIS operations but at the same time, BOPIS makes your inventory management better. Secure order pickup.