Retail TouchPoints

OCTOBER 13, 2020

E-Commerce Optimization: Taste — making artificial intelligence fun and consumer-friendly, and offering a personalized shopping experience. Startup Innovation Lab #2, 10-11 am ET, Oct.

Loss Prevention 285

Loss Prevention Merchant Services Fulfillment Returns 285

Independent Retailer

JULY 8, 2021

The good news is that retailers can use video surveillance in tandem with a dynamic loss prevention program to address this complex problem. Aside from preventing retail crime, video surveillance systems improve the way store managers handle inventory control.

Loss Prevention 98

Loss Prevention Shrinkage Management Location 98

Retail Focus

AUGUST 8, 2023

Payroll Processing Handling payroll intricacies can be time-consuming and complex for retailers. Security and Loss Prevention Ensuring the security of your retail store and merchandise is paramount. Outsourcing accounting and bookkeeping tasks to professionals can help you keep track of expenses, revenues, and taxes efficiently.

Loss Prevention 130

Loss Prevention Inventory Management Inventory Turnover Shrinkage 130

Independent Retailer

JULY 8, 2021

The good news is that retailers can use video surveillance in tandem with a dynamic loss prevention program to address this complex problem. Aside from preventing retail crime, video surveillance systems improve the way store managers handle inventory control.

Loss Prevention 90

Loss Prevention Shrinkage Management Location 90

Wiser

JUNE 18, 2019

Perhaps more importantly, will consumers welcome the technology? Security and Loss Prevention. In retail, facial recognition can be leveraged by loss prevention teams to monitor shoppers for possible criminal behavior. Better Consumer Data. Consumer Sentiment on Facial Recognition.

Consumer 74

Consumer Loss Prevention Checkout Kiosk 74

Retail TouchPoints

JULY 12, 2023

Retailers cited rising costs, declining consumer spending and supply chain volatility as their top concerns. 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.

Payment Services 246

Payment Services Inventory Management Checkout Loss Prevention 246

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. As omnichannel shopping continues to grow, the volume of returns increases along with it.

Checkout 52

Checkout Payment Services Returns Shrinkage 52

Mass Relators

DECEMBER 12, 2022

The newfound willingness of executives to publicly discuss retail crime and its impact on consumers is a welcome development. The study, conducted with the Loss Prevention Research Council, found that the average shrink rate in 2021 was 1.4%, resulting in losses of $94.5 billion, compared to $90.8 billion the prior year.

Shrinkage 52

Shrinkage Loss Prevention Consumer Shopping 52

Wiser

APRIL 26, 2022

Often, merchandising includes things like creating a pricing strategy, display design and layout, loss prevention, and store upkeep. Having a well-planned store layout and monitoring your inventory makes it easier for consumers to find your products and increases the number of products purchased. 3: Customer Loyalty.

Visual Merchandising 146

Visual Merchandising Loss Prevention Customer Experience Promotions 146

Cisco Retail

SEPTEMBER 7, 2022

Personalization of a shopping experience can drive a 40% larger basket (transaction size) according to the Boston Consulting Group. Retailers are trying to understand customer behavior, not only to deliver a personalized experience to grab additional consumer wallet share, but also to allow them to do more with less staff.

Loss Prevention 122

Loss Prevention Promotions Point of Sale Consumer 122

365 Retail

NOVEMBER 29, 2023

A one-stop shop for innovation With over 85% of its 2024 floor space already sold-out and jampacked with the latest cutting-edge innovators, the RTS is a one-stop-shop for technology.

Loss Prevention 59

Loss Prevention Payment Services Returns Shopping 59

A1 Retail

NOVEMBER 30, 2023

A one-stop shop for innovation With over 85 percent of its 2024 floor space already sold-out and jampacked with the latest cutting-edge innovators, the RTS is a one-stop-shop for technology.

Loss Prevention 59

Loss Prevention Payment Services Returns Shopping 59

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”. But is this a prime example of too much, too soon?

Shrinkage 40

Shrinkage Loss Prevention Checkout Supermarket 40

Retail TouchPoints

OCTOBER 31, 2023

Sadly, in addition to imagining how people will shop the store, designers need to think harder about how they might steal from it, too. How can we better integrate the latest anti-theft technologies and loss-prevention research into our store designs from the outset? Here are three possible areas of focus.

Loss Prevention 297

Loss Prevention Sporting Goods Customer Experience Store Layout 297

365 Retail

JANUARY 4, 2023

As consumers tighten their belts and the fight for customer mindshare and employee loyalty plays out, retailers must ensure they enhance customer services on the shop floor – whilst ensuring that their employees feel both engaged and empowered in their roles. Addressing two sides of the coin.

Loss Prevention 73

Loss Prevention Customer Experience Inventory Management Point of Sale 73

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. And how can that not have an effect on consumers’ minds? Retail prices have inflated and consumer demand has softened. Happy New Year. INFLATION ON.

Visual Merchandising 85

Visual Merchandising Drop-Shipping Loss Prevention Shipping 85

Retalon

SEPTEMBER 22, 2021

Instead of only shipping to customers’ homes, retailers let online customers shop from their local and online store’s inventory and pick up their orders from their closest brick-and-mortar location the same day. With increasing popularity among consumers, BOPIS ‘success last year just accelerated what was already happening.

Fulfillment 41

Fulfillment Payment Services Inventory Management Shipping 41

Inside Retail

JUNE 28, 2022

The software is used to gather evidence on repeat offenders, and is largely used to prevent theft and shrinkage. There has been an increased use of data in a way that is not as transparent to consumers [as they would like],” Kafouris told Inside Retail. Most customer’s “uncomfortable” with surveillance .

Consumer 130

Consumer Payment Services Shrinkage Loss Prevention 130

Retalon

APRIL 27, 2021

According to Digital Commerce 360 , American consumer online spending in 2020 increased 44% to $861 billion. While pandemic-era safety concerns contributed to this growth, the selection and convenience that online shopping offers to consumers are the primary drivers. This number will continue to grow.

Fulfillment 41

Fulfillment Markdowns Promotions Returns 41

Indigo 9 Digital

MAY 2, 2022

With the growth of DIY videos on YouTube there is a clear demand by the market for consumers to become experts by learning from other experts like you. Customers shopping at Hema can use the retailer’s app to scan the QR code on each item they wish to purchase then the item is added to their digital shopping cart. Fast shipping.

Customer Experience 52

Customer Experience Payment Services Loss Prevention Drop-Shipping 52

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. Prior to the pandemic, retailers and financial institutions had been reimagining experiences for consumers to enable quick, seamless transactions.

Payment Services 147

Payment Services Planning Accounting Loss Prevention 147

Indigo 9 Digital

MARCH 11, 2022

And given the growth of DIY videos on YouTube there is a clear demand by the market for consumers to become experts by learning from other experts. Best Buy realized that with the fast pace of technological change consumers needed help determining what products to buy. Classes can be offered by almost any retailer that sells a product.

Customer Experience 52

Customer Experience Loss Prevention Employee Engagement Wholesale 52

Retail Assist

JANUARY 17, 2023

More shops have shut down in the last five years (according to the Centre of Retail Research which found 17,145 shops in the UK closed for good in 2022), but stores are still fundamental to the omnichannel experience. Consumers expect choice, availability and convenience which requires agile supply chain solutions.

Customer Retention 52

Customer Retention Payment Services Loss Prevention Checkout 52

365 Retail

MAY 5, 2023

In the next decade, we can expect to see groundbreaking advancements that will further transform the shopping experience, both online and offline. Online Retail: Personalization, Chatbots, and Predictive Analytics In the e-commerce landscape, AI has played a pivotal role in creating personalized shopping experiences for consumers.

Store Layout 82

Store Layout Promotions Inventory Management Advertising 82

Retail Geek

JANUARY 20, 2023

Game Revenue it gets its you know ingame credit it’s not like you know people are shopping for real world of goods in the environment so there’s a few things but I certainly think the spirit of your things exactly right that it’s, it’s wildly over-hyped and not. 9:30] Every every single vendor downstairs.

Social Commerce 52

Social Commerce Fulfillment Drop-Shipping Loss Prevention 52