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. You are optimising the value of that product by discounting at the right time, rather than too early.”

Loss Prevention 147

Loss Prevention Shrinkage Inventory Management Markdowns 147

Retail TouchPoints

FEBRUARY 9, 2024

If big box stores with significant resources at their disposal are struggling to implement effective security measures, how can local retailers hope to keep their locations safe? James Stark is the Segment Development Manager for Retail at Axis Communications.

Loss Prevention 225

Loss Prevention Jewelry Customer Experience Management 225

Retail TouchPoints

OCTOBER 27, 2021

Kimberly Melvin, Global Leader of Marketing at Sensormatic Solutions, outlines key takeaways from the report and how retailers can best adapt and respond during the holiday season and beyond. Despite these reservations, 47% of consumers plan to shop in-store this holiday season, an 8% increase from 2020.

Consumer 247

Consumer Loss Prevention Fulfillment Store Layout 247

Retail TouchPoints

NOVEMBER 20, 2023

Chamber of Commerce indicates that 75% of all employees have stolen from their employer at least once. Questions could include what they would do if they saw a coworker stealing or what they would do if they noticed they had extra money in their till at the end of a shift. Throughout his retail career, loss prevention remained a focus.

Payment Services 310

Payment Services Sporting Goods Inventory Management Loss Prevention 310

Retail TouchPoints

NOVEMBER 26, 2021

In a recent SIA Retail Industry Survey, 60% of respondents were currently deploying cloud security solutions or actively planning to invest in the next two years, and it’s no surprise because moving security to the cloud opens up a host of benefits for retailers.

Loss Prevention 232

Loss Prevention Operating Expenses Customer Experience Checkout 232

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. The post Former Neiman Marcus CFO Joins Tailored Brands appeared first on Visual Merchandising and Store Design.

Loss Prevention 93

Loss Prevention Visual Merchandising Finance Accounting 93

Retail TouchPoints

DECEMBER 13, 2023

The panel of experts are: Nikki Baird, VP of Strategy for Aptos ; Jamie Cornelius, Executive Creative Director at ChangeUp ; Mardi Najafi, VP of Retail Strategy & Design at Figure3 ; and Melissa Gonzalez, Principal at MG2. Gonzalez: The community-driven aspect is a big part of it.

Loss Prevention 260

Loss Prevention Visual Merchandising Sporting Goods Store Operations 260

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 200

Payment Services Inventory Management Checkout Loss Prevention 200

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

Inside Retail

MAY 25, 2023

David Johnston, vice president of asset protection and retail operations at the National Retail Federation (NRF), the main retail body in the US, recently stated that retailers are estimated to lose US$95.2 billion due to organised retail crime over the past two years alone. billion due to theft in 2023 alone.

Shrinkage 130

Shrinkage Loss Prevention Location Planning 130

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. He is an active member of the U.S.

Payment Services 131

Payment Services Planning Accounting Loss Prevention 131

Retail TouchPoints

MARCH 25, 2024

The Retail TouchPoints team is reporting on all the news breaking before, during and after the Retail Innovation Conference & Expo , taking place June 4-6, 2024, at McCormick Place in Chicago. Are you ready to explore the evolved customer journey? Keep visiting this hub to get the latest and greatest content related to the show!

Social Commerce 197

Social Commerce Loss Prevention Customer Experience Customer Retention 197

Independent Retailer

MAY 20, 2021

QBE recommends having a disaster response plan in place to help ensure employee and customer safety, minimize property damage, and get business back up and running should a hurricane occur. Our team works closely with claims to help businesses prevent claims from happening and ensure that—when they do—we are right there with you.”.

Loss Prevention 52

Loss Prevention Planning Accounting Location 52

Wiser

APRIL 26, 2022

Often, merchandising includes things like creating a pricing strategy, display design and layout, loss prevention, and store upkeep. The same can be said for carefully planned sales and clearance events. As we move further into modern retail, many businesses are also implementing online merchandising strategies.

Visual Merchandising 146

Visual Merchandising Loss Prevention Customer Experience Promotions 146

DMS Retail

JULY 25, 2021

Of course, accountants will look at expense reports and proclaim too much money is being spent. Most store visits are not fully thought out, well planned, and well executed business ‘meetings’ No…they’re not. There is a 7 Stage Process for planning, organizing and executing a high ROI Store Visit.

Loss Prevention 59

Loss Prevention Planning Management Returns 59

Cisco Retail

MAY 25, 2022

Increasingly, Organized Retail Crime (ORC) and Cybercrime rank at the top of the list of Loss Prevention (LP) concerns, along with associate fraud and returns fraud. Retailers are increasingly turning to technology to augment traditional LP methods, since those methods really do not prevent loss, but simply record it.

Loss Prevention 136

Loss Prevention Shrinkage Returns Point of Sale 136

VMS

NOVEMBER 30, 2022

But backrooms filled up, investment money dried up, inflation cut into consumable income, workers sought to organize and loss prevention became a top-of-mind concern. Mid-year, Walmart announced that its profits were sinking – an attempt at transparency aimed at calming investors and soothing shoppers. Happy New Year.

Visual Merchandising 85

Visual Merchandising Drop-Shipping Loss Prevention Shipping 85

Cisco Retail

JUNE 21, 2021

There’s no going to back to “the way things were”, but at the same time it’s encouraging and even exciting the road we are paving for the future ahead. The session takes place at 10:45 am PT / 1:45 pm ET on June 21, but will be available on demand. The technological possibilities don’t end there. and visionaries from across the globe.

Employee Engagement 94

Employee Engagement Loss Prevention Returns Fulfillment 94

Small Biz Trends

OCTOBER 3, 2022

Business continuity plan — BCPs deal with preventing and/or recovering from a cyberattack. BYOD — This security policy allows people to use their own devices at work. Disaster recovery plan — This is a structured, documented approach that responds to an information system disaster.

Loss Prevention 133

Loss Prevention Management Planning ATS 133

Independent Retailer

JUNE 17, 2021

Small businesses should consider using artificial intelligence to power preventive safety measures and prevent retail workers from getting injured in any way. Staying aware of what happens at a store is essential for helping employees and customers feel safe and accommodated. Enhance Property Visibility.

Loss Prevention 59

Loss Prevention Inventory Management Management Planning 59

Cisco Retail

APRIL 20, 2021

Whether in the office, at home, or on the go, our approach to securing devices, content, applications, data, and users is holistic and 360-degree in nature. Data Loss Protection (DLP). At Webex, we’ve designed our ecosystem to help to keep users from making mistakes before they happen. Secure Across the Ecosystem.

Loss Prevention 116

Loss Prevention Management Planning ATS 116

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

DMS Retail

JUNE 2, 2020

Let’s look at some of the things that need to be done as part of a comprehensive, well executed one day store visit by a retail business owner or their designate – the DM or RM: • Training Needs Analysis. Succession Planning Exercise. Loss Prevention Audit. Action Planning. . Loss Prevention Audit.

Loss Prevention 40

Loss Prevention Planning Management Returns 40

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 healthcare, for instance, AI-powered algorithms can assist in early disease detection, drug discovery, and personalized treatment plans, ultimately saving lives and improving patient outcomes. Additionally, it can help monitor employee behaviour and prevent internal theft.

Store Layout 80

Store Layout Promotions Inventory Management Advertising 80

Retalon

APRIL 27, 2021

Although e-commerce gets all of the attention, the past two decades of technological change have transformed every aspect of the retail business — from planning, inventory, pricing, and promotions — all the way down to customer service and the in-store experience. Order fulfillment automation.

Fulfillment 41

Fulfillment Markdowns Promotions Returns 41

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

RETAIL MANAGEMENT SOFTWARE

NOVEMBER 26, 2019

After that, get your reporting in order so that you can analyze the KPIs, look at historical performance, compare metrics, and track your performance indicators over time. Inventory – Inventory management involves having the right products in the right amounts at the right stores. The first step is to identify them.

Management 59

Management Inventory Management Customer Retention Marketing 59

RETAIL MANAGEMENT SOFTWARE

NOVEMBER 26, 2019

After that, get your reporting in order so that you can analyze the KPIs, look at historical performance, compare metrics, and track your performance indicators over time. Inventory – Inventory management involves having the right products in the right amounts at the right stores. The first step is to identify them.

Management 40

Management Inventory Management Customer Retention Marketing 40

Retail Geek

JANUARY 20, 2023

2023 Predictions Jason : At least 2 retail bankruptcies (besides Party City) BNPL Consolidation (Klarna, Affirm, Afterpay. Sezzle) – at least one merges/exits US or BNPL. Um there’s a lot of automation at this show so you know there’s the usual. Pick to light systems and gloves like a lot of.

Social Commerce 52

Social Commerce Fulfillment Drop-Shipping Loss Prevention 52

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