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

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. Those same cameras and sensors also are at the heart of the grab-and-go checkout system featured in Amazon Go stores.

Payment Services 246

Payment Services Inventory Management Checkout Loss Prevention 246

Retail TouchPoints

NOVEMBER 24, 2021

Autonomous retail technology is on the rise, with innovations like Amazon’s “Just Walk Out” technology already leapfrogging past yesterday’s self-checkout solutions. Network cameras can be implemented to monitor entrance points and sales areas, including standard and self-checkout stations. Future-Proof Security.

Loss Prevention 264

Loss Prevention Checkout Store Operations Shopping 264

Retail TouchPoints

DECEMBER 13, 2023

Trend 6: Loss Prevention Enters the Design Conversation Earnings results from Dick’s Sporting Goods, Lowe’s and Target brought theft, and specifically organized retail crime (ORC), into the media spotlight. Everyday items are behind locked plexiglass, but technology will become a key driver of loss prevention efforts.

Loss Prevention 323

Loss Prevention Visual Merchandising Sporting Goods Store Operations 323

VMS

JUNE 28, 2021

The article says Walmart’s loss prevention team began investigating the alleged thefts in March after noticing a “series of suspicious transactions” related to the app. The problem was once they reached the checkout, payment was bypassed, and they simply walked out with the unpaid merchandise.

Loss Prevention 67

Loss Prevention Visual Merchandising Checkout Location 67

Retail TouchPoints

JUNE 12, 2020

Some stores were literally in flames, and there were loss prevention issues at others. We’ve also been involved in more detailed discussions about things like clean checkouts, as well as using ‘touchless’ fixtures everywhere — from the store’s entrance point to the restroom. Some stores were left with nothing but the walls.

Management 194

Management Loss Prevention ATS Store Operations 194

Retail Focus

JANUARY 13, 2023

Value Added Friction: A New Way to Look at Loss Prevention at Self-Checkout. Frank Heinrich, Pentland Firth Software GmbH – a company forming part of the EDEKA Minden-Hannover Stiftung & Co. James Frank, Toshiba Global Commerce Solutions, Innovations Consultant. End-to-End Digitalisation in Claim Management.

Loss Prevention 130

Loss Prevention Checkout Management Accounting 130

Mass Relators

OCTOBER 25, 2023

Many retailers expect to deploy loss prevention analytics (49%) and demand planning and forecasting (54%) by 2026. While omnichannel shopping causes challenges for retailers, most shoppers prefer options. The Zebra study indicates 36% of retailers believe better analytics on shrink could help drive profitability.

Checkout 52

Checkout Payment Services Shrinkage Returns 52

Wiser

JUNE 18, 2019

Security and Loss Prevention. In retail, facial recognition can be leveraged by loss prevention teams to monitor shoppers for possible criminal behavior. Facial recognition can be deployed via security cameras, but it can also be installed in self-checkout registers, ATMs, kiosks, and other individual-use technologies.

Consumer 74

Consumer Loss Prevention Checkout Kiosk 74

A1 Retail

OCTOBER 12, 2021

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”. The industry limits.

Shrinkage 40

Shrinkage Loss Prevention Checkout Supermarket 40

Cisco Retail

SEPTEMBER 7, 2022

Of course, we have the problems of lines or queues, whether at a service counter, the checkout, or increasingly, for curbside pickup or at a drive-thru. This results in direct loss of revenue for a retailer and in fact may add cost to restock or through wastage for perishable items. My retailer says they already have cameras.”

Loss Prevention 110

Loss Prevention Promotions Point of Sale Checkout 110

V Count

MARCH 20, 2023

As a supermarket manager, you can ensure that there are always enough employees on hand to fill the checkouts and sections. Optimizing staffing levels is a significant advantage of people counting. You can also use people counting to determine how often you need your store needs cleaning and how much you should invest in security.

Supermarket 52

Supermarket Loss Prevention Promotions Store Layout 52

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. In California, Amazon-owned Whole Foods stores launched palm-scanning technology at checkout. Happy New Year. INFLATION ON. YOUR MIND. OF YOUR HANDS.

Visual Merchandising 85

Visual Merchandising Drop-Shipping Loss Prevention Shipping 85

Retail TouchPoints

NOVEMBER 20, 2023

Address the self-checkout issue: Staffing constraints have made self-checkouts a popular fixture in stores of all sizes. Throughout his retail career, loss prevention remained a focus. While they solve one issue, they create a few more when it comes to theft.

Payment Services 312

Payment Services Sporting Goods Inventory Management Loss Prevention 312

V Count

MARCH 20, 2023

As a supermarket manager, you can ensure that there are always enough employees on hand to fill the checkouts and sections. Optimizing staffing levels is a significant advantage of people counting. You can also use people counting to determine how often you need your store needs cleaning and how much you should invest in security.

Supermarket 40

Supermarket Loss Prevention Promotions Store Layout 40

Retalon

APRIL 27, 2021

The instant a customer hits the checkout button the AI technology evaluates every viable fulfillment option and recommends the optimal choice. These systems proactively forecasted fulfillment demand and brought the product to the right place. Retail AI can apply this process when customers return their purchases.

Fulfillment 41

Fulfillment Markdowns Promotions Returns 41

Retalon

SEPTEMBER 22, 2021

At checkout, the shopper would have multiple fulfillment options to select from – including BOPIS. The rise of at-home delivery forced loss prevention managers to start looking beyond the store. The customer visits a retail store’s e-commerce website and adds products to their shopping cart.

Fulfillment 41

Fulfillment Payment Services Inventory Management Shipping 41

Retail TouchPoints

NOVEMBER 26, 2021

The cloud opens the doors to new efficiencies and reduced loss, especially when you consider the retail operations that include hundreds (if not thousands) of stores across a distributed network of stores and corporate headquarters. Securing and capturing camera and sensor data is only the first step.

Loss Prevention 264

Loss Prevention Operating Expenses Customer Experience Checkout 264

I Vend

DECEMBER 10, 2023

. * Point of sale store operations – customers want fast and friction-free checkout, and retailers need to know what has been sold. A fast, modern, POS provides detailed sales tracking, whilst getting customers through the checkout efficiently.

Shrinkage 71

Shrinkage Inventory Management Store Layout Checkout 71

Retail TouchPoints

OCTOBER 15, 2020

This helps online retailers capitalize on the added benefits of reduced cart abandonment and customer frustration during checkout that impacts brand loyalty. Prior to Entersekt, Bledsoe was a solution architect and sales engineer at VMware, working extensively on security and data loss prevention products. Secure Foundations.

Payment Services 147

Payment Services Planning Accounting Loss Prevention 147

Retail Assist

JANUARY 17, 2023

One innovation we hope will gain more traction is scan-less self-checkout - it uses RFID tags for quick and easy checkout, reduced queues, integrated loss prevention and automatically updated inventory. Supply Chain Resilience. Stock outs, delayed deliveries and poor post-purchase experiences just don’t cut it anymore.

Customer Retention 52

Customer Retention Payment Services Loss Prevention Checkout 52

365 Retail

MAY 5, 2023

In terms of security and loss prevention, facial recognition can be used to identify known shoplifters or individuals with a history of fraudulent activities, alerting store security personnel and preventing potential theft or fraud. Additionally, it can help monitor employee behaviour and prevent internal theft.

Store Layout 81

Store Layout Promotions Inventory Management Advertising 81