Inside Retail

MAY 25, 2023

Shoplifting has been costing it millions of dollars in lost sales, and this year, it will close 20 stores in 11 states. Ladd noted that Whole Foods Market, CVS Pharmacy, Aldi US and Save A Lot have also closed stores in Chicago and other locations because of continued losses and rising crime.

Shrinkage 130

Shrinkage Loss Prevention Location Planning 130

VMS

JANUARY 25, 2022

With more than 20 years of retail data science expertise, the company’s Software-as-a-Service (SaaS) platform generates advanced analytical insights and real-time recommendations that help drive action throughout the organization, including operations, finance, marketing, and loss prevention.

Returns 52

Returns Loss Prevention Payment Services Visual Merchandising 52

Retail TouchPoints

OCTOBER 31, 2023

That means asking questions like: What more can be done to deter theft using store layout, customer flow, shelf height, mirrors, lighting and the placement of gondolas, merchandise and security cameras? How can we better integrate the latest anti-theft technologies and loss-prevention research into our store designs from the outset?

Loss Prevention 274

Loss Prevention Sporting Goods Customer Experience Store Layout 274

Indigo 9 Digital

MAY 2, 2022

All a customer has to do is take a photo of the shoe they want to try on then staff can view the customer’s location in the store in order to bring them their requested item. Customers can also simply touch the smart mirror located inside of their fitting room to request different sizes and colours.

Customer Experience 52

Customer Experience Payment Services Loss Prevention Drop-Shipping 52

Inside Retail

AUGUST 17, 2023

Customer theft has long been recognised as retailers’ primary source of loss, accounting for about half of all crime-related losses. As a result, substantial investment and effort have been dedicated to this issue by Loss Prevention (LP) teams.

Loss Prevention 130

Loss Prevention Customer Experience Management Accounting 130