Retail TouchPoints

AUGUST 30, 2021

The catalog showroom approach was based on the idea that it reduced the risk of merchandise theft (known in the industry as shrinkage), while also enabling customers to shop without the inconvenience of carrying purchases throughout the store while you were still browsing.

Payment Services 278

Payment Services Shopping Jewelry Shrinkage 278

A1 Retail

OCTOBER 12, 2021

Loss prevention teams call this inevitable outcome “external shrinkage”. Which is why it is so encouraging to see retailers utilising new technology to reduce the impact of shrinkage. Any supermarket looking to replicate this checkout-less model will already be crushingly aware of their own technological limitations.

Shrinkage 40

Shrinkage Loss Prevention Checkout Supermarket 40

VMS

DECEMBER 7, 2021

(PRESS RELEASE) CALGARY, AB – Retail clothing stores of the future will likely have fewer clothes, checkout stations, fitting rooms, employees—and square footage. The benefits, note Bissell, are many: “No fitting rooms means dramatically reduced shrinkage. According to NOBAL Technologies, Inc.,

Shrinkage 86

Shrinkage Visual Merchandising Checkout Returns 86

Nvidia

JANUARY 13, 2022

AiFi, AWM and Trigo’s autonomous shopping platforms, each shown at NRF, provide a seamless store checkout process. NVIDIA partners Everseen and Graymatics provide asset protection applications at the point of sale to reduce shrinkage and provide customers a faster self-checkout experience.

Shrinkage 115

Shrinkage Checkout Inventory Management Point of Sale 115

Frank Mayer

JANUARY 14, 2022

Autonomous Checkout. We can’t discuss customer experience predictions for 2022 without mentioning one of the biggest disrupters in the recent past – autonomous checkout. One such company is Grabango , a leading provider of checkout-free technology for existing, large-scale store chains.

Customer Experience 79

Customer Experience Kiosk Checkout Shrinkage 79

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. Retailers are always striving for efficiency, across all of their key processes.

Shrinkage 75

Shrinkage Inventory Management Store Layout Checkout 75

Retail TouchPoints

AUGUST 4, 2023

Consumers are also becoming more exposed to self-checkout options, and they are in turn becoming more normalized and natural. According to SITA, by 2024 88% of airports are expected to be equipped with check-in kiosks and 59% will have automated border control.

Payment Services 245

Payment Services Kiosk Marketing Shrinkage 245