Inside Retail

APRIL 25, 2023

In our recent report , we asked loss prevention managers the most common tactics used, and the most common are still very simple tactics that require no planning,” Townsley said. It’s stuff like putting something in a handbag, or leaving the store with no attempt to hide.

Loss Prevention 244

Loss Prevention Checkout Department Stores Planning 244

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. When David Sherwood joined the family business in 2001, the plan was to sell.

Loss Prevention 294

Loss Prevention Jewelry Payment Services Accounting 294

Inside Retail

JANUARY 30, 2024

The software uses AI to help a retailer plan the introduction of new stock into a store and manage the pricing levels across its shelf life. Inventory is the second largest controllable expense and retailers are reporting back an improvement in markdown reduction losses of as much as 50 per cent through using the software to manage planning.

Loss Prevention 147

Loss Prevention Shrinkage Inventory Management Markdowns 147

Retail TouchPoints

OCTOBER 13, 2022

The new offering is designed to help deploy a variety of analytics that provide real-time insights on retail-specific use cases related to shopper behavior, loss prevention, safety and security, inventory, shopper demographics and other data.

Loss Prevention 273

Loss Prevention Promotions Customer Experience Planning 273

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.

Loss Prevention 261

Loss Prevention Jewelry Customer Experience Management 261

Retail TouchPoints

OCTOBER 27, 2021

Despite these reservations, 47% of consumers plan to shop in-store this holiday season, an 8% increase from 2020. In addition to supply chain challenges, the rise in shrink and ongoing labor shortage makes loss prevention technologies critical for retailers during the high-traffic holiday season.

Consumer 263

Consumer Loss Prevention Fulfillment Store Layout 263

Retail Focus

AUGUST 8, 2023

This frees up your time to focus on strategic decision-making, financial planning, and growth initiatives. This liberates valuable time for retailers to concentrate on core business activities and strategic planning. Security and Loss Prevention Ensuring the security of your retail store and merchandise is paramount.

Loss Prevention 130

Loss Prevention Inventory Management Inventory Turnover Shrinkage 130

VMS

OCTOBER 21, 2021

She joins the company with more than 20 years of experience in finance, business transformation, strategic planning and execution, capital allocation, investor relations, process improvement and technical accounting.

Loss Prevention 93

Loss Prevention Visual Merchandising Finance Accounting 93

Retail TouchPoints

DECEMBER 13, 2023

Then the next step is to go beyond that to say you also plan on empowering consumers to be able to live those promises as well, whether that’s inclusivity, sustainability or giving back to the community. Everyday items are behind locked plexiglass, but technology will become a key driver of loss prevention efforts.

Loss Prevention 295

Loss Prevention Visual Merchandising Sporting Goods Store Operations 295

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. It’s tough to think past short-term solutions for pricing and marketing and plan for the more long-term success of the business.

Payment Services 234

Payment Services Inventory Management Checkout Loss Prevention 234

Inside Retail

MAY 25, 2023

The big picture According to Mark Stafford, national sales director in ANZ for Checkpoint Systems, a company that specialises in loss prevention, the rise in homelessness and loitering has contributed towards aggressive behaviour and increases in theft at high-risk locations. It’s the best move they can make,” he noted.

Shrinkage 130

Shrinkage Loss Prevention Location Planning 130

Retail TouchPoints

MARCH 25, 2024

Planned topics include: Tangible use cases for artificial intelligence (AI); Content marketing strategies that drive awareness and build trust; The evolution of contextual commerce through connected TV (CTV), retail media and other emerging channels.

Social Commerce 233

Social Commerce Loss Prevention Customer Experience Customer Retention 233

Cisco Retail

APRIL 22, 2022

For example, video analytics can now monitor the activity in dozens or hundreds of video feeds simultaneously and flag suspicious activity for additional review by loss prevention or safety officers. Now, it is possible to enable automation between systems that are not connected or between technology and people.

Loss Prevention 98

Loss Prevention Point of Sale Fulfillment Accounting 98

Mass Relators

OCTOBER 25, 2023

Many retailers expect to deploy loss prevention analytics (49%) and demand planning and forecasting (54%) by 2026. While omnichannel shopping causes challenges for retailers, most shoppers prefer options. The Zebra study indicates 36% of retailers believe better analytics on shrink could help drive profitability.

Checkout 52

Checkout Payment Services Shrinkage Returns 52

Theatro

OCTOBER 5, 2023

When individuals with realize that they have been spotted or that security personnel are alerted, they may abandon their plans and leave the store. Interested in learning more about how you can improve your loss prevention, asset protection, and in-store safety?

Loss Prevention 52

Loss Prevention Shopping Planning Management 52

DMS Retail

AUGUST 17, 2021

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.)

Loss Prevention 59

Loss Prevention Shrinkage Planning Management 59

Wiser

APRIL 26, 2022

Often, merchandising includes things like creating a pricing strategy, display design and layout, loss prevention, and store upkeep. The same can be said for carefully planned sales and clearance events. As we move further into modern retail, many businesses are also implementing online merchandising strategies.

Visual Merchandising 146

Visual Merchandising Loss Prevention Customer Experience Promotions 146

Independent Retailer

MAY 20, 2021

QBE recommends having a disaster response plan in place to help ensure employee and customer safety, minimize property damage, and get business back up and running should a hurricane occur. Our team works closely with claims to help businesses prevent claims from happening and ensure that—when they do—we are right there with you.”.

Loss Prevention 52

Loss Prevention Planning Accounting Location 52

Retail TouchPoints

OCTOBER 31, 2023

How can we better integrate the latest anti-theft technologies and loss-prevention research into our store designs from the outset? Are “Brazen Smash-and-Grabbers” doing the most damage, or are the losses coming from quiet, five-finger discounts pulled off by “Sheepish Teens” and “Disgruntled Employees”?

Loss Prevention 278

Loss Prevention Sporting Goods Customer Experience Store Layout 278

Cisco Retail

MAY 25, 2022

Increasingly, Organized Retail Crime (ORC) and Cybercrime rank at the top of the list of Loss Prevention (LP) concerns, along with associate fraud and returns fraud. Retailers are increasingly turning to technology to augment traditional LP methods, since those methods really do not prevent loss, but simply record it.

Loss Prevention 142

Loss Prevention Shrinkage Returns Point of Sale 142

Mass Relators

NOVEMBER 3, 2021

She will succeed Rod Antolock, who has announced plans to retire effective February 1. Antolock was promoted to executive vice president in 2012, where he led several teams, including merchandising, operations, marketing, human resources, loss prevention, store development, quality assurance and distribution, and manufacturing.

Promotions 52

Promotions Loss Prevention Supermarket Marketing 52

Small Biz Trends

OCTOBER 3, 2022

Business continuity plan — BCPs deal with preventing and/or recovering from a cyberattack. Disaster recovery plan — This is a structured, documented approach that responds to an information system disaster. Another good data loss prevention tool. Personal devices can suffer a malware infection.

Loss Prevention 133

Loss Prevention Management Planning ATS 133

Cisco Retail

JUNE 21, 2021

We are already working with top retailers ready to invest in natural language processing capabilities and artificial intelligence to develop an employee engagement plan that puts employees first. The technological possibilities don’t end there. Where there’s a will, there’s a way. and visionaries from across the globe.

Employee Engagement 98

Employee Engagement Loss Prevention Returns Fulfillment 98

VMS

NOVEMBER 30, 2022

But backrooms filled up, investment money dried up, inflation cut into consumable income, workers sought to organize and loss prevention became a top-of-mind concern. It’s the first time the company plans to use drones for customer deliveries in the United States. Happy New Year. INFLATION ON. YOUR MIND.

Visual Merchandising 85

Visual Merchandising Drop-Shipping Loss Prevention Shipping 85

Retalon

SEPTEMBER 22, 2021

The rise of at-home delivery forced loss prevention managers to start looking beyond the store. Whereas BOPIS shifts the delivery to the retail premises where store employees and loss prevention practices control every order. Make BOPIS an inherent part of fulfillment strategy and your overall retail planning.

Fulfillment 41

Fulfillment Payment Services Inventory Management Shipping 41

Retail TouchPoints

NOVEMBER 20, 2023

The following cyber plan action items detailed by the Federal Communications Commission are a great place to start for any retailer working to optimize cybersecurity for their business and loyal customers: Secure your internal network(s) and cloud services. Throughout his retail career, loss prevention remained a focus.

Payment Services 312

Payment Services Sporting Goods Inventory Management Loss Prevention 312

Retalon

APRIL 27, 2021

Although e-commerce gets all of the attention, the past two decades of technological change have transformed every aspect of the retail business — from planning, inventory, pricing, and promotions — all the way down to customer service and the in-store experience.

Fulfillment 41

Fulfillment Markdowns Promotions Returns 41

Inside Retail

AUGUST 17, 2023

Customer theft has long been recognised as retailers’ primary source of loss, accounting for about half of all crime-related losses. As a result, substantial investment and effort have been dedicated to this issue by Loss Prevention (LP) teams.

Loss Prevention 130

Loss Prevention Customer Experience Management Accounting 130

Retail TouchPoints

NOVEMBER 26, 2021

In a recent SIA Retail Industry Survey, 60% of respondents were currently deploying cloud security solutions or actively planning to invest in the next two years, and it’s no surprise because moving security to the cloud opens up a host of benefits for retailers.

Loss Prevention 259

Loss Prevention Operating Expenses Customer Experience Checkout 259

RETAIL MANAGEMENT SOFTWARE

NOVEMBER 26, 2019

Loss mitigation – You’ve got to monitor and track damaged and stolen products and put together a plan to mitigate future losses as every lost product eats into your store revenue and profit. Inventory – Inventory management involves having the right products in the right amounts at the right stores.

Management 59

Management Inventory Management Customer Retention Marketing 59

Retail TouchPoints

OCTOBER 15, 2020

Prior to Entersekt, Bledsoe was a solution architect and sales engineer at VMware, working extensively on security and data loss prevention products. With a strong focus on sales and solutioning, he leads the technical sales arm of Entersekt North America with a breadth of expertise in payments and authentication.

Payment Services 132

Payment Services Planning Accounting Loss Prevention 132

RETAIL MANAGEMENT SOFTWARE

NOVEMBER 26, 2019

Loss mitigation – You’ve got to monitor and track damaged and stolen products and put together a plan to mitigate future losses as every lost product eats into your store revenue and profit. Inventory – Inventory management involves having the right products in the right amounts at the right stores.

Management 40

Management Inventory Management Customer Retention Marketing 40

Cisco Retail

APRIL 20, 2021

Data Loss Protection (DLP). Through our Data Loss Prevention (DLP) features, organizations can prevent important information from being shared maliciously or accidentally in meetings or messaging. Cisco Collaboration Flex Plan Now Includes Cisco Calling Plans and Better Together Security + Collaboration Offers.

Loss Prevention 127

Loss Prevention Management Planning ATS 127

Independent Retailer

JUNE 17, 2021

Cameras also act as a theft deterrent, helping companies manage loss prevention. A company called Arlo has monthly business plans starting at about $12 for a store with more than a dozen cameras. A Singapore company called LionsBot International offers cleaning robots through a RaaS plan. Spot and Address Safety Trends.

Loss Prevention 59

Loss Prevention Inventory Management Management Planning 59

DMS Retail

JULY 25, 2021

Most store visits are not fully thought out, well planned, and well executed business ‘meetings’ No…they’re not. There is a 7 Stage Process for planning, organizing and executing a high ROI Store Visit. And they know how easily it happens; not something that’s planned. it really adds up! Completely.

Loss Prevention 59

Loss Prevention Planning Management Returns 59

Cisco Retail

AUGUST 25, 2023

Data Loss Prevention (DLP) – provides the ability to define and quarantine files that violate DLP rules, preventing leakage of sensitive information for supported applications. Approximately 86% of respondents said their organizations plan to increase their cybersecurity budget by at least 10% over the next 12 months.

Management 98

Management Loss Prevention Accounting Marketing 98

Retail Assist

JANUARY 17, 2023

We’re still seeing retailers planning to launch their own to broaden their product offering, reach and discovery. One innovation we hope will gain more traction is scan-less self-checkout - it uses RFID tags for quick and easy checkout, reduced queues, integrated loss prevention and automatically updated inventory.

Customer Retention 52

Customer Retention Payment Services Loss Prevention Checkout 52