Retail TouchPoints

OCTOBER 2, 2023

Photo courtesy Mall of America “Body cameras are becoming the industry standard in law enforcement, and we’re seeing it bleed over to security,” said Will Bernhjelm, VP of Security at Mall of America in an interview with Retail TouchPoints. Body cams help us hold both the public and our officers accountable,” Bernhjelm added.

Loss Prevention 228

Loss Prevention Accounting Location Store Operations 228

Independent Retailer

JULY 8, 2021

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. Reduce Retail Theft .

Loss Prevention 98

Loss Prevention Shrinkage Management Location 98

Independent Retailer

JULY 8, 2021

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. Reduce Retail Theft .

Loss Prevention 90

Loss Prevention Shrinkage Management Location 90

VMS

OCTOBER 21, 2021

She joins the company with more than 20 years of experience in finance, business transformation, strategic planning and execution, capital allocation, investor relations, process improvement and technical accounting.

Loss Prevention 93

Loss Prevention Visual Merchandising Finance Accounting 93

Retail TouchPoints

JULY 12, 2023

Technology — specifically edge computing — provides the foundation for a better customer experience, real-time inventory management, enhanced security and loss prevention and in-store analytics. At the top of the list is computer vision — a field of artificial intelligence that enables computers to interpret digital images or video.

Payment Services 210

Payment Services Inventory Management Checkout Loss Prevention 210

365 Retail

NOVEMBER 22, 2023

Inferring meaningful information from digital images and videos: retailers’ hopes to have a new, highly efficient tool against shoplifting, loss and organised crime in future are based on Computer Vision, a sub-segment of Artificial Intelligence (AI). The camera points at the scan area of the self-checkout terminal.

Payment Services 104

Payment Services Loss Prevention Checkout Shopping 104

Inside Retail

AUGUST 17, 2023

Customer theft has long been recognised as retailers’ primary source of loss, accounting for about half of all crime-related losses. As a result, substantial investment and effort have been dedicated to this issue by Loss Prevention (LP) teams. What deters shoplifters?

Loss Prevention 130

Loss Prevention Customer Experience Management Accounting 130

Retail Focus

JANUARY 13, 2023

At EuroShop 2023 from 26 February to 2 March in Düsseldorf, the Dimension Retail Technology will see leading international retail IT providers present their latest, tailor-made products and solutions while the Retail Technology Stage as well as the Connected Retail Stage will feature extensive lecture series on all five days.

Loss Prevention 130

Loss Prevention Checkout Management Accounting 130

Mass Relators

APRIL 11, 2022

. – Walgreens announced Monday it is broadening its effort to address theft and organized retail crime across more than 2,200 stores nationwide in partnership with ALTO US, a provider of innovative loss prevention and tech-enabled security services. At ALTO, we put people first.

Loss Prevention 52

Loss Prevention Accounting Consumer Marketing 52

Retail TouchPoints

OCTOBER 15, 2020

Even before the pandemic completely upended the world economy, how consumers shopped had been changing — and mobile devices were at the forefront of that change. With this service, consumers have the option to order the item and pay for it in installments or at a later date altogether. Tokenized Data is Useless to Fraudsters.

Payment Services 131

Payment Services Planning Accounting Loss Prevention 131

Inside Retail

MAY 19, 2021

Drake recently began outing what he called “repeat offenders” by sharing CCTV footage on his social media account @shake.and.drake. When are people going to take accountability for their actions?” “It’s happening in all stores and it’s weekly. We are a family business, and it is a big cost to us.”.

Shrinkage 147

Shrinkage Loss Prevention Supermarket Beauty and Health 147

Retail TouchPoints

JULY 1, 2020

It’s been estimated that there are 48 trillion reward points worth $360 billion sleeping in customer accounts across the globe. A moment of both gratitude and loss prevention. Magazine, best in show at the One Show, and is in the permanent collection at MoMA. As the U.S.

Loss Prevention 237

Loss Prevention Boutique Consumer Advertising 237

Wiser

APRIL 26, 2022

Often, merchandising includes things like creating a pricing strategy, display design and layout, loss prevention, and store upkeep. This is why it’s important that you monitor your merchandising compliance at retail stores with tools like Wiser’s Retail Intelligence. Why is Merchandising Strategy Important?

Visual Merchandising 146

Visual Merchandising Loss Prevention Customer Experience Promotions 146

Cisco Retail

AUGUST 12, 2022

Our Ladder of Excellence lists levels of locality, their key characteristics and proof points of solutions we have delivered recently at each tier. 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.

Loss Prevention 137

Loss Prevention Technical Support Management Accounting 137

VMS

JANUARY 25, 2022

This accounts for an average of 16.6 percent during 2020, but online returns are in line with recent years at an average of 20.8 According to NRF, online sales accounted for $1.050 trillion of total U.S. percent) and home improvement and housewares (tied at 11.5 percent of total U.S. The 2021 total rate of returns (16.6

Returns 52

Returns Loss Prevention Payment Services Visual Merchandising 52

Independent Retailer

MAY 20, 2021

Even if you have a tried-and-true plan in place, now is the time to look at it with a fresh mindset,” Paul Isaac, Senior Vice President and Loss Control Leader at QBE North America, said. Gather contacts that are crucial to business operations, such as employees, banks, lawyers, accountants, and suppliers.

Loss Prevention 52

Loss Prevention Planning Accounting Location 52

DMS Retail

JULY 25, 2021

Most retailers have a position of Regional Manager and/or District Manager somewhere on their organizational chart or matrix or whatever they wish to use to indicate lines of authority and accountability. Of course, accountants will look at expense reports and proclaim too much money is being spent. That is not the point.

Loss Prevention 59

Loss Prevention Planning Management Returns 59

Retail Assist

JANUARY 17, 2023

Guest Blog by Sarah Hughes , Co-founder & Director at Datitude. Awareness, appeal and adoption remain low overall and squeezed tech and marketing budgets are likely to be directed towards excelling at the fundamentals – having the right product at the right price, in the right channel at the right time for the right customer. .

Customer Retention 52

Customer Retention Payment Services Loss Prevention Checkout 52

Retail Next

SEPTEMBER 10, 2019

Conversely, if you pay bills late, you are likely to get hit with late fees, which could have a negative impact on your bank account, and potentially cause you to fall behind with other vendors. That means maintaining financial records through an accounting software program. Keep Accurate Financial Records.

Finance 59

Finance Payment Services Loss Prevention Accounting 59

Retalon

APRIL 27, 2021

It can analyze billions of data points and predict demand at a level of granularity that’s simply impossible to reach using Excel. However, traditional spreadsheet analytics cannot account for store-by-store variations in the promotion’s effectiveness or secondary effects such as demand cannibalization.

Fulfillment 41

Fulfillment Markdowns Promotions Returns 41

DMS Retail

APRIL 3, 2020

Loss Prevention. With so many working professionals forced to stay at home right now, there is no better time to take advantage of the opportunity to attend this popular workshop being presented online. Who might be at fault for that? Contact: johill at dmsretail.com. Expense and Wage Control. Management.

Loss Prevention 40

Loss Prevention Management Advertising Accounting 40

Cisco Retail

JUNE 15, 2021

At the same time, application security vendor pitches went from micro- to nano- to femto-segmentation as fast as the respective marketing powerhouses could look those up in a dictionary. Over time, NGFW added more and more DPI functions, such as intrusion prevention (IPS), malware detection, and data loss prevention (DLP).

Loss Prevention 140

Loss Prevention Management Accounting Consumer 140

Retalon

SEPTEMBER 22, 2021

BOPIS is the most common acronym you’ll see, but you may come across these other variations: BOPAC (Buy Online Pickup At Curb): Focuses on the outside handoff. Customers stay in their vehicles at designated parking spots, and employees bring their purchases out to the car. BOPIS lets customers shop on their own schedule.

Fulfillment 41

Fulfillment Payment Services Inventory Management Shipping 41

365 Retail

MAY 5, 2023

In terms of security and loss prevention, facial recognition can be used to identify known shoplifters or individuals with a history of fraudulent activities, alerting store security personnel and preventing potential theft or fraud. Additionally, it can help monitor employee behaviour and prevent internal theft.

Store Layout 80

Store Layout Promotions Inventory Management Advertising 80

Cisco Retail

AUGUST 25, 2023

Data Loss Prevention (DLP) – provides the ability to define and quarantine files that violate DLP rules, preventing leakage of sensitive information for supported applications. Approximately 86% of respondents said their organizations plan to increase their cybersecurity budget by at least 10% over the next 12 months.

Management 96

Management Loss Prevention Accounting Marketing 96

Cisco Retail

AUGUST 26, 2022

We at Cisco Secure have embraced this concept for a while now with our continually growing ecosystem of multi-vendor technology integrations. AT&T Cybersecurity. The combination of Cmd and Duo enables development teams to run at the modern, agile pace they are accustomed to without any security-induced slowdowns.

Management 144

Management Returns Loss Prevention Accounting 144