Inside Retail

MAY 5, 2025

This reduces returns, builds customer trust, and improves forecasting. Enhanced inventory accuracy also leads to fewer markdowns, lower storage costs, and less waste, directly contributing to improved EBIT. Shrinkage remains a significant issue, often exacerbated by limited visibility across the supply chain.

Fulfillment 147

Fulfillment Shrinkage Markdowns Inventory Management 147

I Vend

FEBRUARY 6, 2023

This lack of inventory costs retailers an estimated up to 8% of revenue in lost sales. iVend Retail Inventory Management Inventory management drives store efficiency and customer experience. Read about iVend’s smart retail technology for inventory management.

Inventory Management 98

Inventory Management Management Shrinkage Returns 98

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

Inside Retail

SEPTEMBER 3, 2024

Inventory management Predictive analytics: This helps optimise your stock levels, preventing overstocking and stockouts. Loss prevention: AI combats retail shrinkage also, by integrating computer vision and motion analytics at self-checkouts, detecting suspicious activities and ultimately reducing theft.

Loss Prevention 245

Loss Prevention Checkout Shrinkage Supply Chain Management 245

Retail Assist

OCTOBER 16, 2024

For growing retailers, managing inventory effectively is crucial to customer satisfaction, operational costs and growth potential. This can easily lead to stockouts, excess inventory and other issues that affect both profitability and reputation.

Inventory Management 52

Inventory Management Management Shrinkage Returns 52

Inside Retail

JANUARY 30, 2024

These technologies are helping retailers achieve efficiencies in operational functions including staff deployment and management, customer service, shrinkage reduction and lifecycle pricing. Lifecycle pricing inventory management Zebra Technologies also has products focused on inventory management and Lifecycle Pricing.

Loss Prevention 147

Loss Prevention Shrinkage Inventory Management Markdowns 147

I Vend

MAY 8, 2024

Inventory management – Managing inventory in wine and liquor retail can prove to be a big headache. Loyalty and promotions – liquor retailers want to create loyal customers who return to the store for all their alcohol purchases. Why is inventory management so important in liquor retail?

Shrinkage 91

Shrinkage Inventory Management Payment Services Point of Sale 91