2021, Shrinkage and Store Operations - Experience Retail Today

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2021

Shrinkage

Store Operations

Organized Retail Crime is on the Rise, but AI Can Stop This Troublesome Trend

Retail TouchPoints

NOVEMBER 7, 2023

What’s more, these scenarios are also becoming more blatant in recent months as fraudsters have raided and ransacked department stores. The same retail security survey from NRF found that most retailers experience a shrinkage rate of around 1.4%, which is most often attributed to shoplifting, employee theft and ORC.

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The Rise of Micro Markets in Airports

Retail TouchPoints

AUGUST 4, 2023

While airports are “public spaces” and micro markets have traditionally been in “closed environments,” the risk of shrinkage outweighs the cost of employee overhead, and since people have already been through security this provides a perception of oversight. Before relocating to Hunt Valley, Md.

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Organized Retail Crime is on the Rise, but AI Can Stop This Troublesome Trend

The Rise of Micro Markets in Airports

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