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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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JD Sports Powers Digital Transformation to Spur Growth in Canada

Retail TouchPoints

The Retail Management Suite from Jesta I.S. includes cloud technology solutions with rich mobile functionality for omnichannel, POS, merchandising, ERP, warehouse management, analytics and loss prevention. and Livestock banners, and plans to open as many as 80 additional stores in the country over the next five years.

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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. Those same cameras and sensors also are at the heart of the grab-and-go checkout system featured in Amazon Go stores.

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How to Design Your Retail Space With Security in Mind

Retail TouchPoints

A freestanding store will require more security attention as there is no additional security infrastructure, like a shopping center with video cameras or security guards. When designing your retail space, where and how you use security cameras is key to loss prevention. Maximize the Visibility and Power of Your Security Cameras.

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Computer Vision and AI: the new weapon against shoplifters

365 Retail

Loss Prevention platforms with a host of applications In order to make such additional security tools available for their retail customers the providers of self-checkout solutions act as drivers of computer-vision technology. Or a shopper leaves a stash of goods outside the store that are collected at night.

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Stop out of stocks denting your profits this holiday season

I Vend

Inventory management – ‘the right goods, in the right place, at the right time’ sums up the core of retail. So inventory management is essential. Retail technology can streamline inventory management by enabling retailers to accurately track goods from delivery to sale through to returns.

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Customer Behavior in Retail

Cisco Retail

Personalization of a shopping experience can drive a 40% larger basket (transaction size) according to the Boston Consulting Group. The people counters at the entrance are notoriously inaccurate and the only other reliable point of contact is frequently at the Point of Sale (POS). The same is not true of physical stores.