Retail TouchPoints

NOVEMBER 7, 2023

According to the 2022 Organized Retail Crime Survey from the National Retail Federation, in partnership with Appriss Retail and the Loss Prevention Research Council, for every $1 billion in revenue that a U.S. increase in ORC incidents between 2021 and 2022. Organized retail crime is a growing problem.

Loss Prevention 256

Loss Prevention Shrinkage Returns Payment Services 256

Cisco Retail

DECEMBER 12, 2021

-based retailers said that the COVID-19 pandemic increased risks for their organizations in 2020 and even as shoplifting rates decreased in 2021, the retail shrink rate remained steady at a 5-year high of 1.62%. According to the National Retail Federation’s 2021 National Retail Security Survey , 38.9% Multichannel Sales. E-commerce.

Loss Prevention 138

Loss Prevention Kiosk Fulfillment Consumer 138

Retail TouchPoints

AUGUST 23, 2023

increase in theft attributed to ORC in 2021. Given the widespread impact of theft, retailers are investing in new systems and technologies to support their loss prevention efforts.

Loss Prevention 213

Loss Prevention Sporting Goods Promotions Consumer 213

Retail TouchPoints

FEBRUARY 9, 2024

According to the National Retail Security Survey, losses attributed to retail theft rose to $112.1 billion in 2021 — and experts expect this year’s total to continue to rise. He brings more than 30 years working with the retail industry and specializes in loss prevention, safety, ecommerce fraud and supply chain security.

Loss Prevention 235

Loss Prevention Jewelry Customer Experience Management 235

Retail TouchPoints

NOVEMBER 18, 2022

The annual survey of retail loss prevention experts found that almost nine out of 10 participating retailers reported an increase in overall risk for their company, with fraud increasing both in-store and online. In 2021, respondents saw a 27% increase in organized retail theft incidents.

Loss Prevention 261

Loss Prevention Store Operations Shopping Marketing 261

Retail TouchPoints

OCTOBER 27, 2021

Our 2021 Holiday Consumer Sentiment Survey reveals that 63% of shoppers are concerned about in-store shopping, a 36-point increase from the summer survey, and nearly the same as the 2020 holiday season when 65% said they were concerned.

Consumer 254

Consumer Loss Prevention Fulfillment Store Layout 254

Retail TouchPoints

DECEMBER 15, 2023

billion in 2021 retail shrink could be attributed to ORC. That kind of makes sense as well: employees know how a retailer’s loss prevention systems work, so the unscrupulous among them would have a better understanding of how to game the system for their own benefit.) Additionally, definitions remain vague.

Sporting Goods 219

Sporting Goods Loss Prevention Store Operations Returns 219

365 Retail

APRIL 23, 2024

This new label can give retailers another easy, accessible way to do their part to protect the planet and move the needle on helping reduce environmental impact while maintaining precision loss prevention.”

Loss Prevention 52

Loss Prevention Shipping Customer Experience Management 52

VMS

JANUARY 25, 2022

retail sales, which soared to $4.583 trillion in 2021. “As The 2021 total rate of returns (16.6 The post Retail Returns Increased to $761 Billion in 2021 appeared first on Visual Merchandising and Store Design. This accounts for an average of 16.6 percent of total U.S. percent) is up from 10.6 retail sales last year.

Returns 52

Returns Loss Prevention Payment Services Visual Merchandising 52

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 311

Payment Services Sporting Goods Inventory Management Loss Prevention 311

DMS Retail

OCTOBER 18, 2021

In December 2021, following a 21 month hiatus caused by the Covid pandemic, DMSRetail is set to re-introduce four of its revised and updated professional retail management workshops in Dubai, UAE. Now, with Expo 2021 Dubai underway, we’ve seen a lot of interest in our workshops. DMSRetail Inc. DMSRetail Inc.

Loss Prevention 59

Loss Prevention Management 59

VMS

DECEMBER 29, 2021

The recently published 2021 NRF Retail Security Survey revealed that almost 7 in 10 (69%) retail loss prevention and asset protection professionals said the pandemic has resulted in an increase in overall risk for their organization.

Loss Prevention 52

Loss Prevention Visual Merchandising Store Layout Customer Experience 52

Mass Relators

DECEMBER 12, 2022

The study, conducted with the Loss Prevention Research Council, found that the average shrink rate in 2021 was 1.4%, resulting in losses of $94.5 Fueled by a surge in organized retail crime, shrinkage costs the industry almost $100 billion a year, according to National Retail Federation’s “2022 Retail Security Survey.”

Shrinkage 52

Shrinkage Loss Prevention Consumer Shopping 52

Theatro

OCTOBER 5, 2023

increase in organized retail theft incidents in 2021. Interested in learning more about how you can improve your loss prevention, asset protection, and in-store safety? While routine theft has always been a challenge retailers have had to deal with, these occurrences appear more serious and damaging than ever.

Loss Prevention 52

Loss Prevention Shopping Planning Management 52

Retalon

APRIL 27, 2021

Examples of these new experiences are already appearing in retail stores all over the world and include: Self-checkout: Smart sensors linked with product databases let customers avoid long lines at the register while minimizing loss prevention risks.

Fulfillment 41

Fulfillment Markdowns Promotions Returns 41

Retalon

SEPTEMBER 22, 2021

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

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. The Zebra study indicates 36% of retailers believe better analytics on shrink could help drive profitability.

Checkout 52

Checkout Payment Services Shrinkage Returns 52

Independent Retailer

MAY 20, 2021

As 2021 National Hurricane Preparedness Week kicks off, insurance leader QBE North America released its Predict, Prepare and Protect Hurricane Tips for businesses. QBE North America’s Risk Solutions teams are experts in risk and delivering loss prevention and loss protection services. by QBE North America.

Loss Prevention 52

Loss Prevention Planning Accounting Location 52

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 the Covid years of 2020 and 2021, it had closed a great number of stores to improve profitability. Happy New Year. INFLATION ON. YOUR MIND. BEYOND AWFUL.

Visual Merchandising 85

Visual Merchandising Drop-Shipping Loss Prevention Shipping 85

Cisco Retail

APRIL 20, 2021

Data Loss Protection (DLP). Through our Data Loss Prevention (DLP) features, organizations can prevent important information from being shared maliciously or accidentally in meetings or messaging. What’s new in Webex: April 2021. Learn More.

Loss Prevention 116

Loss Prevention Management Planning ATS 116

Independent Retailer

JUNE 17, 2021

Cameras also act as a theft deterrent, helping companies manage loss prevention. For example, an owner might check on their shop while on vacation and see that parts of it need more attention than usual. They could then contact someone overseeing the retail location and advise them to address the matter.

Loss Prevention 59

Loss Prevention Inventory Management Management Planning 59

Indigo 9 Digital

MARCH 11, 2022

One of the keys to Chick-fil-A’s success is its customer service which landed it at the top spot on the American Customer Satisfaction Index for restaurant brands in 2021 for the seventh year in a row. A loss prevention employee who sent the package wrote in a note accompanying the package: “Mr. Go the extra mile.

Customer Experience 52

Customer Experience Loss Prevention Employee Engagement Wholesale 52

Retail Geek

JANUARY 20, 2023

Look at November and December together and kind of understand what happened in holiday and then it also obviously lets us Wicked January through December and start talking about, 20:22 as a whole year which lets me retire all my 2021 talking points so so that was exciting. Scot: [23:36] Recap of what what did we learn.

Social Commerce 52

Social Commerce Fulfillment Drop-Shipping Loss Prevention 52