Retail TouchPoints

AUGUST 22, 2023

Its primary purpose is to protect consumers by stifling sales of counterfeit, stolen and harmful products on online platforms — from ecommerce stores like Amazon, Etsy and auction sites to the many smaller marketplaces that may operate more locally or in niche categories. But compliance can be complicated.

Payment Services 228

Payment Services Accounting Shrinkage Consumer 228

Retail TouchPoints

NOVEMBER 7, 2023

Common examples of ORC include when merchandise is stolen and returned for profit or sold through online auctions or in-person sales. Typically, ORC is reliant on a single entity, like an address, credit card or store account that connects a complex crime ring across retail stores. The report also found that there was a 26.5%

Loss Prevention 255

Loss Prevention Shrinkage Returns Payment Services 255

I Vend

MAY 8, 2024

Online sales account for $40 billion and are growing faster than brick and mortar sales. They can provide guidance to customers in the aisle as they browse, upsell to increase basket size, and even take payment so that customers avoid checkout lanes. A loyalty system and tailored promotions encourage this behaviour.

Shrinkage 52

Shrinkage Inventory Management Payment Services Point of Sale 52