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. Is Organized Retail Crime Getting Worse?

Loss Prevention 297

Loss Prevention Shrinkage Returns Payment Services 297

Inside Retail

JUNE 28, 2022

The more a business knows about what its customer needs, does, and expects of them, the better its services can be tailored to give them what they want. The software is used to gather evidence on repeat offenders, and is largely used to prevent theft and shrinkage. In the world of modern retail, it’s clear that customer data is king.

Consumer 130

Consumer Payment Services Shrinkage Loss Prevention 130

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. Seven in 10 retailers say the pressure is mounting to improve the efficiency and expense of managing online orders, returns, and the fulfillment process.

Checkout 52

Checkout Payment Services Returns Shrinkage 52

Retail TouchPoints

JUNE 15, 2022

Roaming checkout enables employees to take payments from shoppers from anywhere inside the store. To curb shrinkage, self-pay via an app is used to let shoppers and guests purchase items themselves. Staff feel more important to the sales process without the mundane task of answering the same questions over and over.

Payment Services 264

Payment Services Checkout Shrinkage Fast Fashion 264