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How Edge Computing Enables the Retail Store of the Future

Retail TouchPoints

Technology — specifically edge computing — provides the foundation for a better customer experience, real-time inventory management, enhanced security and loss prevention and in-store analytics. The National Retail Foundation estimated that retail loss is a nearly $100 billion problem, with evidence that the problem is growing.

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How to Design Your Retail Space With Security in Mind

Retail TouchPoints

Depending on if your location is accessible from the street, operating inside of a mall, a supermarket or even an airport, your security design should reflect this location. When designing your retail space, where and how you use security cameras is key to loss prevention.

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Computer Vision and AI: the new weapon against shoplifters

365 Retail

Has a shopper moved away from the self-checkout without a payment transaction? Be it intentional or negligent: the security system comprising IP cameras and AI-based software learns and detects such operating errors and/or wrong behaviours and issues a warning in real time. Does the article match the EAN code?

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10 Finance Tips All Retailers Should Follow

Retail Next

You don’t want to get a bad reputation among fellow business owners as someone who is always late on payments. Instead, make it a point to always pay your bills on time, or even a little early if possible. Invest in a Point-of-Sale (POS) System. Shop Around to Lower Credit Card Service Fees.

Finance 59
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How Retailers can Combat the Rising Threat of Theft

Retail TouchPoints

As the tactics behind these crimes become increasingly sophisticated, and customer expectations for in-store experiences are higher than ever, retailers are finding it more difficult to protect their assets while maintaining great service. While they solve one issue, they create a few more when it comes to theft. Set safe web browsing rules.