Inside Retail

JANUARY 30, 2024

Retailers worldwide may be facing challenging times right now, but the evolution of technology – including the deployment of AI – is opening the way to dramatic improvements in productivity at all stages of the retail business model. And that’s where your Workforce Management systems come into play,” says Bretherton.

Loss Prevention 147

Loss Prevention Shrinkage Inventory Management Markdowns 147

Retail TouchPoints

FEBRUARY 21, 2023

Retailers that understand the customer journey and adopt innovative strategies are looking at ways to turn their brick-and-mortar stores into experience centers. 5G provides an alternate method to keep the store connected at all times. 5G can reduce wasted time and prevent inventory shrinkage, providing retailers with cost savings.

Sporting Goods 249

Sporting Goods Payment Services Shrinkage Point of Sale 249

Wiser

FEBRUARY 29, 2024

As detailed by industry experts at the panel, the impact of staffing shortages extends beyond the bottom line. The consensus among panelists suggests an anticipatory strategy might cushion the effects of potential recessions. For organizations operating at various scales, the advice is clear: remaining lean and nimble is key.

Shrinkage 78

Shrinkage Inventory Management Loss Prevention Consumer 78

Retail TouchPoints

MAY 31, 2022

5G is really three things — speed , latency and massive connectivity ,” said Michael Colaneri, a 30-year AT&T veteran who now leads the telecom’s retail business vertical. Here are five places where 5G-enabled experiences/solutions are either being tested or have already been deployed at retail. What is 5G, Really?

Merchant Services 352

Merchant Services Checkout Shrinkage ATS 352

Independent Retailer

JULY 29, 2022

RFID is rapidly gaining implementation within the retail sector and is a key technology applied to aid business operations by improving inventory management and stock visibility as the foundation of adoption. The most common area in-store that retailers focus on to improve customer engagement is at the Point of Sale (POS).

Customer Experience 77

Customer Experience Shrinkage Checkout Inventory Management 77

Wiser

JUNE 23, 2020

In this article, we’ll look at what quick service restaurants can do to grow their businesses while staying true to what consumers have always loved about them. Reduce Shrinkage. Shrinkage occurs when inventory goes missing, or shrinks, due to employee theft, customer theft, vendor fraud, or cashier error.

Payment Services 78

Payment Services Shrinkage Location Marketing 78

Wiser

APRIL 23, 2019

Phantom inventory is particularly challenging because your inventory management system says the products are in-stock, but the shelves are empty. There are several potential causes of phantom inventory, including: . How Phantom Inventory Hurts Retailers . In summary, identify and prevent phantom inventory by:

Shrinkage 100

Shrinkage Inventory Management Location Fulfillment 100