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How Retailers can Combat the Rising Threat of Theft

Retail TouchPoints

Dick’s Sporting Goods also attributed part of the brand’s 23% profit drop in the second fiscal quarter of 2023 to theft ( CNBC ). Optimize inventory management: Like damaged products and shipping errors, theft can negatively impact retail inventory management. According to a June study by the U.S.

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These Were the Top Retail Stories of 2022

VMS

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. The initial plan is to drop these package-carrying drones into the backyards of residents in Lockeford, Calif. Happy New Year. INFLATION ON. YOUR MIND.

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Jason & Scot Show Episode 301 Annual Predictions 2023, Year-End Recap, NRF Big Show

Retail Geek

The AI for inventory management is super interesting like these models that are doing demand forecasting that are doing kind of. Like the you’re not necessarily like bringing anything new to the party when you’re you know a small start-up in that space, um so there are you know some things I don’t get super excited about.