Retail TouchPoints

JULY 15, 2024

Still, as intelligence-led loss prevention (ILLP) systems that rely on radio frequency identification (RFID)-supported inventory insights to help retailers get ahead of organized retail crime become more common, retailers are considering a change in approach.

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Retail TouchPoints

JANUARY 7, 2021

Farmacorp , a Bolivian pharmacy chain, will deploy Reflexis Systems ’ Q-Walk store audit solution at more than 100 stores, to streamline on-site inspections and automatically prescribe corrective tasks.

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Loss Prevention Location Customer Experience Management 279

Retail TouchPoints

FEBRUARY 26, 2024

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. Since its beginnings, Daniel’s Jewelers had given its store managers Sundays off. “We

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Loss Prevention Jewelry Payment Services Accounting 299

Retail TouchPoints

MARCH 18, 2024

My 35-plus years of experience in retail, most of that time being in loss prevention, has taught me a lot. Now, as the retail consultant at Acuity Insurance, I work with retail customers – from large multilocation retailers to small mom-and-pop shops – to help manage risks like this. Additionally, the U.S.

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Planning Loss Prevention Management Location 279

Retail TouchPoints

JULY 13, 2023

and Livestock banners, and plans to open as many as 80 additional stores in the country over the next five years. 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.

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Loss Prevention Management Planning Location 245

Retail TouchPoints

NOVEMBER 7, 2023

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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Retail TouchPoints

FEBRUARY 9, 2024

Unfortunately, while larger stores often have security measures like loss prevention personnel, anti-theft sensors and other helpful solutions, those measures usually aren’t financially feasible for small and mid-sized businesses. James Stark is the Segment Development Manager for Retail at Axis Communications.

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Loss Prevention Jewelry Customer Experience Management 277

Retail TouchPoints

JULY 12, 2023

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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Payment Services Inventory Management Checkout Loss Prevention 246

Retail TouchPoints

FEBRUARY 22, 2024

Ensure all team members from cashiers to managers are aware of best practices to follow. For IT teams, moving to a single unified security platform makes it much easier to manage and upgrade hardware over time. Your unified system can even streamline access rights management in one central platform.

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Payment Services Loss Prevention Accounting Management 311

Retail TouchPoints

DECEMBER 15, 2023

And there was certainly some reality to it: the Retail TouchPoints 2023 Store Operations Benchmark Survey of retailers themselves revealed that “reducing theft/shrink” was a top store-level workforce management challenge for 46% of respondents, second only to the 53% citing employee training and empowerment.

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Sporting Goods Loss Prevention Store Operations Payment Services 273

Retail TouchPoints

NOVEMBER 24, 2021

Not only does physical security technology now play a larger role in deterring and catching would-be shoplifters, but it also helps provide a pleasant customer experience in the absence of store staff. Hedgie Bartol serves as a Segment Development Manager for Retail in North America at Axis Communications.

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Loss Prevention Checkout Store Operations Shopping 264

Retail TouchPoints

NOVEMBER 20, 2023

This approach to in-store product placement allows employees to easily monitor popular items and acknowledge customers in areas where they are displayed. Optimize inventory management: Like damaged products and shipping errors, theft can negatively impact retail inventory management.

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Payment Services Sporting Goods Inventory Management Loss Prevention 312

Retail TouchPoints

JUNE 29, 2022

Both stores in malls and freestanding stores should use an access control solution for rooms like stockrooms and offices to ensure only the right people — including the right employees or managers — can enter. When designing your retail space, where and how you use security cameras is key to loss prevention.

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Payment Services Point of Sale Loss Prevention Management 264

I Vend

DECEMBER 10, 2023

Here we take a look at how retail technology can help to streamline the top 10 key retail processes, and how a unified retail POS pulls them all together into a single, highly optimized retail operations platform. Inventory management – ‘the right goods, in the right place, at the right time’ sums up the core of retail.

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Inventory Management Shrinkage Store Layout Checkout 94

Retalon

SEPTEMBER 22, 2021

Adopting BOPIS can be challenging so we’ll explain how you can successfully merge your online and physical store operations. BOPIS, meaning Buy Online, Pickup In-Store, is an order fulfillment option that helps retailers connect their e-commerce channels with their brick-and-mortar storefronts. What is BOPIS? Infrastructure.

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Fulfillment Payment Services Inventory Management Shipping 41

Retail TouchPoints

JUNE 12, 2020

Consumers and employees returning to reopened stores will be looking for positive proof that these locations are safe, and that shopper journeys have been redesigned to be as “touchless” as possible. Retail TouchPoints (RTP): What are the most important roles for facilities management as retail stores reopen?

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Management Loss Prevention ATS Store Operations 194

Retail TouchPoints

MARCH 18, 2025

What Retailers Can do About Gun Violence You can’t fix stupid or crazy, unfortunately, and because of that retailers tend to focus a lot on loss prevention and shrink and things like that, but there are things retailers can do to be more preventative [in cases of gun violence], said Acheson.

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Location Merchant Services Outdoor Loss Prevention 162

Retail Gazette

OCTOBER 14, 2024

Poundstretcher made a raft of senior appointments across its commercial and store operations teams, aimed at supporting its future growth ambitions.

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Loss Prevention Supermarket Store Operations Management 110

Retail Focus

MARCH 6, 2025

” With the initial phase focusing on optimizing in-store operations and customer experience, CAPRI GROUP plans to expand the iD Cloud implementation to Loss Prevention and Supply Chain solutions, ensuring a comprehensive approach to retail innovation.

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Fashion Loss Prevention Customer Experience Store Operations 147

Theatro

JANUARY 27, 2025

Streamlining Communication : By automating messaging and translating data into actionable insights, GenAI enables teams to stay aligned and proactive, whether restocking shelves or managing team performance. The GenAI Workflow Revolution A major takeaway from NRF was GenAIs ability to transform operational workflows.

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Loss Prevention Customer Experience Employee Engagement Inventory Management 59