Retail Minded

MARCH 20, 2025

Theft and Organized Retail Crime Retail theft continues to be a significant issue with significant shrinkage in inventory. In 2023, the inventory deficit was projected to be around 2% of net sales, notes The Wall Street Journal. The loss, due to the shrinkage, reached $142 billion in 2023, a 25% increase from the previous year.

Merchant Services 94

Merchant Services Payment Services Management Shrinkage 94

Retail TouchPoints

MAY 31, 2022

There are an almost infinite number of answers, but the long and the short of it is that 5G will enable merchants to perform intricate digital tasks faster and on a much larger scale. “5G This often goes hand-in-hand with cloud computing (data processing that happens in the cloud as opposed to servers on site). “5G

Merchant Services 354

Merchant Services Checkout Shrinkage ATS 354

Retail Times

MARCH 30, 2021

Many causes of stockouts can be prevented by taking steps to better understand your business and products, and by refining your store’s processes. It’s very easy to run into inaccuracies when dealing with inventory. Not ready for a full retail management solution? Consider creating an inventory management system in Excel.

Merchant Services 98

Merchant Services Inventory Management Management Shrinkage 98