Retail TouchPoints

JUNE 21, 2023

In fact, in the 2022 National Retailer Security Survey from the National Retail Federation (NRF), nearly nine in 10 respondents said analytics, and store and business intelligence, are what’s needed most to help fight shrink and bolster loss prevention teams. billion in losses, an increase from $90.8 billion in 2020.

Loss Prevention 273

Loss Prevention Checkout Marketing ATS 273

Retail TouchPoints

NOVEMBER 20, 2023

According to the National Retail Security Survey released by the National Retail Federation (NRF), vanishing inventory contributed to $112 billion in losses last year alone — up significantly from $93.9 billion in 2021. Throughout his retail career, loss prevention remained a focus.

Payment Services 312

Payment Services Sporting Goods Inventory Management Loss Prevention 312

Mass Relators

OCTOBER 25, 2023

According to the National Retail Federation (NRF), retailers lost $112 billion due to shrink in 2022, up from nearly $94 billion in 2021. Consumers Dialing into Digital Checkouts Since 2020, the number of shoppers who favor digital payment applications have increased substantially; solutions like ZebraPay align with this trend.

Checkout 52

Checkout Payment Services Returns Shrinkage 52

Retalon

APRIL 27, 2021

The instant a customer hits the checkout button the AI technology evaluates every viable fulfillment option and recommends the optimal choice. The post 5 Major Retail Digital Transformations to Watch For in 2021 appeared first on Retalon. Retail AI can apply this process when customers return their purchases.

Fulfillment 41

Fulfillment Markdowns Promotions Returns 41

VMS

NOVEMBER 30, 2022

But backrooms filled up, investment money dried up, inflation cut into consumable income, workers sought to organize and loss prevention became a top-of-mind concern. In California, Amazon-owned Whole Foods stores launched palm-scanning technology at checkout. Happy New Year. INFLATION ON. YOUR MIND. OF YOUR HANDS. BEYOND AWFUL.

Visual Merchandising 85

Visual Merchandising Drop-Shipping Loss Prevention Shipping 85

Retalon

SEPTEMBER 22, 2021

At checkout, the shopper would have multiple fulfillment options to select from – including BOPIS. The rise of at-home delivery forced loss prevention managers to start looking beyond the store. Whereas BOPIS shifts the delivery to the retail premises where store employees and loss prevention practices control every order.

Fulfillment 41

Fulfillment Payment Services Inventory Management Shipping 41