Retail TouchPoints

JULY 9, 2020

Fast Track also can help improve accuracy for retailers, which can boost loss prevention, reduce errors at checkout and create a better self-checkout experience for customers. Additionally, the tool uses data generated at the store level, with no data collection performed through Fast Track itself.

Checkout

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

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

Retail TouchPoints

JUNE 29, 2022

When designing your retail space, where and how you use security cameras is key to loss prevention. Strategically place your cameras: Having eyes across the entire store is essential, but it’s especially critical to have clear visibility of what’s going on at the most important spots of the retail property.

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Inside Retail

DECEMBER 8, 2021

Global fashion retailer Kookai has cut inventory counts from a few days to 30 minutes as a result of implementing radio frequency identification (RFID), from Avery Dennison at its manufacturing facilities in Fiji and Sri Lanka. Kookai is looking to implement RFID at every stage of its production, supply chain and retail experience.

Loss Prevention

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.

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Retail Dive

JULY 28, 2025

You can unsubscribe at anytime. Yet, at many retailers, such inefficiencies forfeit more inventory than the smash-and-grab robberies that go viral or make the news. The percentage of gross sales lost to in-store inefficiencies stands at 5.5% I wanted to catch bad guys, I was good at catching bad guys.

Loss Prevention

I Vend

DECEMBER 10, 2023

Here we take a look at how retail technology can help to streamline the top 10 key retail processes, and how a unified retail POS pulls them all together into a single, highly optimized retail operations platform. Inventory management – ‘the right goods, in the right place, at the right time’ sums up the core of retail.

Shrinkage

Cisco Retail

SEPTEMBER 7, 2022

Behaviors like how they get there, how they navigate the site, what they look at and for how long, what they put in their basket or save for later, what they buy or where they abandon a cart, and whether targeted promotions or suggestions influence each of those decision points all inform a retailer’s perspective. .

Loss Prevention

365 Retail

JANUARY 4, 2023

Customers expect a seamless shopping experience, with many blending their brick-and-mortar visit with eCommerce benefits offered by retailers, such as click-and-collect and ordering in-store to have items delivered at home. This helps to reduce manual errors and calculate stock correctly to avoid ambiguity, whilst reducing team friction.

Loss Prevention

Retail Next

SEPTEMBER 10, 2019

However, that doesn’t mean you shouldn’t be looking at the books yourself. Invest in a Point-of-Sale (POS) System. Talk to your insurance agent to find out what policies might be right for your business, along with what retail risk mitigation and loss prevention solutions might help with your rates. .

Finance

A1 Retail

OCTOBER 12, 2021

By Ofri Ben Porat, Chief Executive Officer at Edgify. As counterintuitive as it is, we all know losses are an accepted norm in retailing. Factored into the bottom line, as sales increase for stores, so will the losses of product inventory. Loss prevention teams call this inevitable outcome “external shrinkage”.

Shrinkage

Retail TouchPoints

JUNE 12, 2020

However, we’re seeing some retailers that had never before considered a janitorial program now looking at them. Cleanliness will be looked at in an entirely different lens going forward. Some stores were literally in flames, and there were loss prevention issues at others.

Management

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.

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