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Loss Prevention & Profit Protection Workshop Online

DMS Retail

Here’s how participants will benefit from attending this session: Strengthen participants’ understanding of what is to be gained by making Loss Prevention a priority. News Loss Prevention & Profit Protection Workshop Online

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Beef Up Perimeter Security to Enhance Loss Prevention and Safety

Retail TouchPoints

Retailers are actively seeking enhanced security technologies to mitigate risks and prevent theft before it happens. That prevention begins as far out as the parking lot of the store, because effective deterrence begins the moment the would-be thief arrives at the perimeter of your property.

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Loss Prevention & Fraud Detection in Retail

Cisco Retail

In an industry known for its tight margins, any loss in retail is significant. Retailers often need to sell many multiples of an item to breakeven on a single loss. Most retailers attribute 50-60% of losses to associate actions.

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Surveillance and Strobe Lights: Walmart, Target and Other Major Retailers Level Up Their Loss Prevention

VMS

Mass merchants and major retail chains are reaching deeper into their bag of tricks this year to prevent holiday shoplifting.

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Sensormatic Solutions and MTI Add New Loss Prevention Tools for High-Value Devices

Retail TouchPoints

Sensormatic Solutions has extended its partnership with MTI to offer additional loss prevention and liability offerings for high-value electronics, including smartphones, tablets and cameras.

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Effective Ways to Utilize Video Surveillance

Independent Retailer

The good news is that retailers can use video surveillance in tandem with a dynamic loss prevention program to address this complex problem. Aside from preventing retail crime, video surveillance systems improve the way store managers handle inventory control. by Patrick Chown.

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Effective Ways to Utilize Video Surveillance

Independent Retailer

The good news is that retailers can use video surveillance in tandem with a dynamic loss prevention program to address this complex problem. Aside from preventing retail crime, video surveillance systems improve the way store managers handle inventory control. by Patrick Chown.

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Hy-Vee to Deploy Armed Security Officers

VMS

Responsibilities will include shoplifting prevention along with administrative duties and recommendations on theft deterrence. Headlines Crime Loss Prevention

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Target Cuts Store Hours in San Francisco Due to “Alarming Rise in Theft”

VMS

Headlines cvs Loss Prevention Organized Retail Crime Retail Theft san francisco target walgreens

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Target Cuts Operating Hours in San Francisco

VMS

Headlines cvs Loss Prevention Organized Retail Crime Retail Theft san francisco target walgreens

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Organized Retail Crime Is Rising — How Lawmakers Are Fighting Back

VMS

Headlines Crime Loss Prevention Retail Industry Leaders Association Retail TheftRetailers are reporting an increase in organized theft rings, and lawmakers in at least one state are working to bring them down, AZFamily.com reports.

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Interface Makes Physical Security Industry Predictions for 2022

VMS

The recently published 2021 NRF Retail Security Survey revealed that almost 7 in 10 (69%) retail loss prevention and asset protection professionals said the pandemic has resulted in an increase in overall risk for their organization. Press Release Loss Prevention

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Retail Organization Partly Blames Amazon and eBay for Shoplifting Crime Wave

VMS

is calling for online marketplaces including Amazon, eBay and Facebook to do more to prevent the sale of stolen goods on their platforms, Fox News reports. Walgreens has shuttered numerous locations in the city, while Target recently cut store hours in order to curb losses.

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7 Retail Operations You Must Manage Effectively

RETAIL MANAGEMENT SOFTWARE

Loss mitigation – You’ve got to monitor and track damaged and stolen products and put together a plan to mitigate future losses as every lost product eats into your store revenue and profit.

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Shrink costs retailers over $94B in 2021: NRF

Retail Dive

In response to shrinkage concerns, retailers expect to spend more on loss prevention and technology, a new NRF survey found

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7 Retail Operations You Must Manage Effectively

RETAIL MANAGEMENT SOFTWARE

Loss mitigation – You’ve got to monitor and track damaged and stolen products and put together a plan to mitigate future losses as every lost product eats into your store revenue and profit. Operations Management budgeting customer data employee productivity inventory management key performance indicators loss prevention marketing retail operations sales

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Newmine Helps Retailers Understand and Correct the ‘Why’ of Returns

Retail TouchPoints

It seeks to provide information that can help retailers decipher why customers return merchandise, in time and in season, to prevent future returns from happening in the first place.

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How retailers can combat shrink and create an enjoyable shopping experience

Inside Retail

Retail profitability can be critically impacted through stock loss with inferior or outdated protection systems. The result is costing retailers billions in stock loss each year. The FoxTag is a revolutionary loss prevention system that empowers retailers to take back control.

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Top 25 Asset Protection Podcasts You Must Follow in 2021

Star Miconics

Top 25 Asset Protection Podcasts Contents [show] ?About

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Datalogic Magellan Multi-Plane Scanner 9600i & 9900i – the best gets better

Inside Retail

These integrated AI capabilities simplify the deployment and adoption of sophisticated machine learning algorithms to assist shoppers and improve loss prevention. This enables a variety of loss prevention AI solutions making the 9600i and 9900i a leveraged asset.

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Retail Crime on the Rise: Expert Advice on How Retailers Can Protect Stores and Associates

Retail TouchPoints

While larger retailers have access to technology and other resources that can help minimize theft, collaboration is the key to making the most of any crime prevention program. Participate in the broader industrywide loss prevention and asset protection activities.

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Nedap Helps Retailers Track Inventory Across the Supply Chain Via RFID

Retail TouchPoints

The solution was designed to help retailers achieve perfect inventory visibility, with zero waste and no losses, by tracking every unique item movement throughout the supply chain and collecting data in a cloud-based inventory repository.

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Priorities for retail security heading into 2022

Cisco Retail

In the past year, loss prevention teams have had to adapt to new priority concern areas while 44% of retailers allocated more budget to loss prevention. More than two-thirds of U.S.-based

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Sensormatic Solutions Introduces Computer Vision Platform

Retail TouchPoints

The new offering is designed to help deploy a variety of analytics that provide real-time insights on retail-specific use cases related to shopper behavior, loss prevention, safety and security, inventory, shopper demographics and other data.

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Organized Crime Fuels Increase in Retail Shrink: NRF

VMS

billion in losses last year, up from $90.8 Retailers are prioritizing new resources to safeguard their customers, employees and operations, with nearly half (44.5%) indicating loss prevention as an area of investment.

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Sensormatic Solutions Offers Expanded Insights with Sensormatic IQ Platform

Retail TouchPoints

The solution provider aims to meet the needs of modern, digitally connected retailers by offering solutions across shopper experience, inventory intelligence, loss prevention and operational effectiveness.

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Press Release

DMS Retail

Our programs – The Retail Operations Management Workshop – Brand, Category Management & Inventory Control – Loss Prevention & Profit Protection and others – continue to be offered online but do not replace the in-person learning experience.

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Former Neiman Marcus CFO Joins Tailored Brands

VMS

Richardson will serve on the Executive Committee and have responsibility for all aspects of the finance organization, including enterprise analytics, strategy, real estate, risk management and loss prevention. Tailored Brands (Fremont, Calif.)

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Stew Leonard’s sued over ‘systemic racial, sexual, religious and ageist discriminatory practices’

Retail Wire

Mr. Cosby, a former loss prevention manager for the company, alleges that the company and its CEO engaged in “systemic racial, sexual, religious and ageist discriminatory practices.” Former longtime employee Robert Crosby Jr. has filed a federal lawsuit against Stew Leonard’s and its CEO Stew Leonard Jr. for terminating his job after he contracted COVID-19.

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

Retail TouchPoints

Q-Walk will enable managers to create standardized question sets and surveys for all critical functions at the locations, including cleanliness, merchandising sets, loss prevention and compliance.

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How to Protect Against Rising Organized Retail Crime

Retail TouchPoints

The annual survey of retail loss prevention experts found that almost nine out of 10 participating retailers reported an increase in overall risk for their company, with fraud increasing both in-store and online.

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Shekel Introduces Contactless Checkout Solution For Grocers

Retail TouchPoints

Fast Track also can help improve accuracy for retailers, which can boost loss prevention, reduce errors at checkout and create a better self-checkout experience for customers.

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Walgreens expands partnership with ALTO US

Mass Relators

Walgreens announced Monday it is broadening its effort to address theft and organized retail crime across more than 2,200 stores nationwide in partnership with ALTO US, a provider of innovative loss prevention and tech-enabled security services. DEERFIELD, Ill.

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Kookai turns to Avery Dennison to boost supply chain and omnichannel

Inside Retail

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.

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EuroShop 2023 – Retail Technology Stage and Connected Retail Stage: IT trends, innovations and hands-on tips

Retail Focus

Value Added Friction: A New Way to Look at Loss Prevention at Self-Checkout.

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Holiday Store Experience Survey: Consumers Prioritize Safety Over Immersive Shopper Journeys

Retail TouchPoints

Nearly half of consumers surveyed ( 45% ) said that occupancy limits designed to prevent overcrowding would make them feel more comfortable with in-store shopping.

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Commonsense answer needed for retail crime

Mass Relators

The study, conducted with the Loss Prevention Research Council, found that the average shrink rate in 2021 was 1.4%, resulting in losses of $94.5 The newfound willingness of executives to publicly discuss retail crime and its impact on consumers is a welcome development.

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Two Women Use Walmart App to Steal $100,000 Worth of Merchandise

VMS

The article says Walmart’s loss prevention team began investigating the alleged thefts in March after noticing a “series of suspicious transactions” related to the app.

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ThirdChannel Releases Audit Tool To Help Retailers Maintain Safe Reopening Procedures

Retail TouchPoints

ThirdChannel , a retail execution and in-store customer experience solution provider, has released a real-time safety auditing system that has been developed using the latest guidance from the CDC, WHO and state and local guidelines.

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RIC20 Startup Innovation Labs Showcase 20 Tech Innovators

Retail TouchPoints

With a focus on emerging technologies and innovative startups, the 2020 Retail Innovation Conference is featuring three Startup Innovation Lab sessions that will introduce attendees to a total of 20 tech innovators. Startup Innovation Lab #1: 10-11 am ET, Oct.

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Driving store network productivity through intelligent analytics

Inside Retail

Loss prevention. In this Post-Covid trading environment, where online sales are now accounting for 25 per-cent or more of retail sales, the majority of Australian retailers are reviewing their physical store network.

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The Cloud in Retail: Transforming the Use of Video in Stores

Retail TouchPoints

The cloud opens the doors to new efficiencies and reduced loss, especially when you consider the retail operations that include hundreds (if not thousands) of stores across a distributed network of stores and corporate headquarters.

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‘Not acceptable’: Drakes director exposes rising cost of retail theft

Inside Retail

Across Australia, 10 per cent of retail offenders are causing 50 per cent of loss, which is cutting heavily into retailers’ revenues and costing the Australian economy more than $5 billion every year.”.

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