Retail TouchPoints

JANUARY 8, 2024

Yet despite the growing frequency of ORC, retailers would be remiss to focus their loss prevention efforts solely on these brazen, smash-and-grab scenarios. In fact, according to the 2023 National Retail Security Survey conducted by NRF, Appriss Retail and the Loss Prevention Research Council, 68.8% Similarly, 57.8%

Loss Prevention 205

Loss Prevention Returns Point of Sale Shipping 205

Inside Retail

DECEMBER 8, 2021

Amelia Adey, loss prevention and compliance manager at Kookai Australia explains: “We wanted to remove any customer dissatisfaction due to out-of-stock items or missed sales due to inventory not being accurately represented in our stock file.

Loss Prevention 246

Loss Prevention Point of Sale Fulfillment Management 246

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 261

Loss Prevention Visual Merchandising Sporting Goods Store Operations 261

Cisco Retail

APRIL 22, 2022

It also allows retailers to rely on automation to address permissions for the network or online order fulfillment and notification. Using technology to monitor equipment or compare inventory changes with point of sale (POS) data are examples of the kinds of activities technology could better address.

Loss Prevention 98

Loss Prevention Point of Sale Fulfillment Accounting 98

Retail TouchPoints

JUNE 12, 2020

Some stores were literally in flames, and there were loss prevention issues at others. The key is that retailers need to use technology to get in front of their challenges, in areas such as loss prevention and monitoring foot traffic. Some stores were left with nothing but the walls.

Management 164

Management Loss Prevention ATS Store Operations 164

365 Retail

JANUARY 4, 2023

This approach also supports stock accuracy and loss prevention, as mobile point-of-sale technology automates inventory management. Happier, more fulfilled store teams don’t simply provide better customer service and enhance the ‘theatre of retail.

Loss Prevention 73

Loss Prevention Customer Experience Inventory Management Point of Sale 73

Cisco Retail

MAY 25, 2022

Most retailers attribute 50-60% of losses to associate actions. Increasingly, Organized Retail Crime (ORC) and Cybercrime rank at the top of the list of Loss Prevention (LP) concerns, along with associate fraud and returns fraud. Addressing Areas of Shrink at the Point-of-Sale (POS).

Loss Prevention 130

Loss Prevention Shrinkage Returns Point of Sale 130