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.

Payment Services 245

Payment Services Inventory Management Checkout Loss Prevention 245

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.

Loss Prevention 264

Loss Prevention Checkout Store Operations Shopping 264

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.

Payment Services 264

Payment Services Point of Sale Loss Prevention Management 264

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.

Loss Prevention 296

Loss Prevention Shrinkage Returns Payment Services 296

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.

Fulfillment 41

Fulfillment Payment Services Inventory Management Shipping 41

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.

Payment Services 304

Payment Services Loss Prevention Accounting Management 304

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.

Payment Services 312

Payment Services Sporting Goods Inventory Management Loss Prevention 312

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.

Shrinkage 75

Shrinkage Inventory Management Store Layout Checkout 75

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.

Sporting Goods 267

Sporting Goods Loss Prevention Store Operations Returns 267