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 105

Payment Services Loss Prevention Checkout Shopping 105

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 40

Shrinkage Loss Prevention Checkout Supermarket 40

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 121

Loss Prevention Promotions Point of Sale Consumer 121

Retail TouchPoints

OCTOBER 31, 2023

How can we better integrate the latest anti-theft technologies and loss-prevention research into our store designs from the outset? Are “Brazen Smash-and-Grabbers” doing the most damage, or are the losses coming from quiet, five-finger discounts pulled off by “Sheepish Teens” and “Disgruntled Employees”?

Loss Prevention 283

Loss Prevention Sporting Goods Customer Experience Store Layout 283

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 71

Loss Prevention Customer Experience Inventory Management Point of Sale 71

Cisco Retail

MAY 25, 2022

Most retailers attribute 50-60% of losses to associate actions. 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. Addressing Areas of Shrink at the Point-of-Sale (POS).

Loss Prevention 141

Loss Prevention Shrinkage Returns Point of Sale 141

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 59

Finance Payment Services Loss Prevention Accounting 59

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 312

Payment Services Sporting Goods Inventory Management Loss Prevention 312

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 87

Shrinkage Inventory Management Store Layout Checkout 87