Remove Loss Prevention Remove Management Remove Shrinkage
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Investing in Security: How Physical Barriers Protect your Bottom Line

Retail TouchPoints

billion to theft, with organized retail crime (ORC) accounting for 37% of these losses. Retail chains across the country have even reported missing quarterly earnings expectations due to inventory shrinkage, highlighting a crisis that affects businesses of all sizes. They enhance loss prevention. In 2023, U.S.

Shrinkage 147
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Tilly’s Partners with Nedap to Elevate Omnichannel Strategy

Retail Focus

With Nedaps proven expertise in the RFID industry and a leading market position, Tillys is confident in the solutions ability to address its inventory management needs in a complex, multi-brand retail environment. With Nedaps platform, Tillys gains the tools to make data-driven decisions, reduce shrinkage, and foster long-term growth.

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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Retail profitability can be critically impacted through stock loss with inferior or outdated protection systems. Retailers face continual challenges with increasingly sophisticated shoplifters causing in-store ‘shrinkage’. The result is costing retailers billions in stock loss each year.

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Sick of hearing about AI? The key is understanding how to make it work for you

Inside Retail

Inventory management Predictive analytics: This helps optimise your stock levels, preventing overstocking and stockouts. Loss prevention: Employs advanced surveillance techniques to detect and prevent shoplifting. This means you can get the most out of each product you are selling.

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Organized Retail Crime is on the Rise, but AI Can Stop This Troublesome Trend

Retail TouchPoints

According to the 2022 Organized Retail Crime Survey from the National Retail Federation, in partnership with Appriss Retail and the Loss Prevention Research Council, for every $1 billion in revenue that a U.S. Organized retail crime is a growing problem. retailer makes, more than $700,000 is lost due to ORC.

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Loss Prevention & Profit Protection Workshop Online

DMS Retail

FOR YOUR CONVENIENCE… This 6 hour workshop is separated into two 3-hour sessions Click the link below for all the details: Retail Loss Prevention & Profit Protection Workshop – ONLINE (Registration covers both sessions and includes recording and full presentation emailed following session whether you attend or not.)

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

Inside Retail

These technologies are helping retailers achieve efficiencies in operational functions including staff deployment and management, customer service, shrinkage reduction and lifecycle pricing. And that’s where your Workforce Management systems come into play,” says Bretherton.