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Beef Up Perimeter Security to Enhance Loss Prevention and Safety

Retail TouchPoints

Loss Prevention Technology is Key. A growing number of retailers are increasing their budgets to implement new technologies in order to prevent theft before it takes place. Although the vehicle was not located, it is quite possible that the suspects saw the incoming police vehicles and fled the area before committing a crime.

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Lost Goods or Lost Sales? How Connected Systems can Help Solve Retail’s Most Persistent Dilemma

Retail TouchPoints

As such, there are many factors to consider when implementing new loss prevention tactics. At the top of that list is the effect locks and cases can have on well-intentioned shoppers when not deployed as part of a holistic, data-led loss prevention strategy.

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Planning to Prevent Workplace Violence in Retail

Retail TouchPoints

My 35-plus years of experience in retail, most of that time being in loss prevention, has taught me a lot. Some insurance companies have loss control or loss prevention professionals who can help. Throughout his retail career, loss prevention has been a consistent focus. Additionally, the U.S.

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Exclusive: How Daniel’s Jewelers is Using Vision AI to Better Serve its Customers

Retail TouchPoints

One prime example: the retailer’s partnership with RetailNext to use in-store traffic analytics for shaping everything from staffing strategies to improving store performance and even loss prevention. When David Sherwood joined the family business in 2001, the plan was to sell.

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Farmacorp Taps Audit Solution to Improve On-Site Inspections and Corrections

Retail TouchPoints

This will help managers quickly understand how a specific location is performing compared to corporate expectations and peer stores, helping them prioritize which locations to visit.

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JD Sports Powers Digital Transformation to Spur Growth in Canada

Retail TouchPoints

includes cloud technology solutions with rich mobile functionality for omnichannel, POS, merchandising, ERP, warehouse management, analytics and loss prevention. The Retail Management Suite from Jesta I.S.

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How smart new technologies are improving sales and reducing costs for retailers

Inside Retail

Salespeople on the shop floor can use these devices to seek a colleague’s assistance in locating a certain size or style of a product instead of leaving the customer alone while the salesperson finds it. That extends the opportunity for the salesperson to build a rapport with the customer and potentially upsell.