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As ecommerce losses from online payment fraud surge toward $48 billion annually, it’s crucial for organizations to leverage advanced technologies to stay ahead of these bad actors. Key considerations include: Governance, risk, and compliance: Ensuring data privacy and compliance with relevant frameworks and laws is paramount.
Moderated by Orlando Ribas Fernandes of XnFinity-XNFY Lab , the first group of startups presenting include: Omnichannel Fulfillment: onfleet – a last-mile delivery platform; Touchless Retail: SuperSmart – a validation and loss-prevention system for Scan & Go; Digital Commerce: Pointr – A deep location company combining indoor location intelligence (..)
Yet it still paints a dire picture of the situation in America today, one that is of utmost concern to consumers and the merchants who serve them. No one was seriously injured, but the total cost to the operators and merchants was estimated to be around $53 million.
For example, they need to support omnichannel services like BOPIS, ship-from-store and seamless returns. Trend 6: LossPrevention Enters the Design Conversation Earnings results from Dick’s Sporting Goods, Lowe’s and Target brought theft, and specifically organized retail crime (ORC), into the media spotlight.
If merchants do not have this clarity, they will simply fall into the middle and fail to stand out to their target customers. With use cases spanning from personalization to customer service , merchandising, operations and even lossprevention, Anjee Solanki, National Director of Retail Services & Practice Groups at Colliers U.S.
Jason: [33:13] I’m I’m gonna count the 2 of those as my specialty retailer but but there were sadly more right so the Container Store Express Jo-Ann’s the general Merchant which is not quite as general merchandise as I would like but the the the the general Merchant in my mind that that failed last year was Big Lots.
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