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Lost Goods or Lost Sales? How Connected Systems can Help Solve Retail’s Most Persistent Dilemma

Retail TouchPoints

As such, there are many factors to consider when implementing new loss prevention tactics. At the top of that list is the effect locks and cases can have on well-intentioned shoppers when not deployed as part of a holistic, data-led loss prevention strategy.

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JD Sports Powers Digital Transformation to Spur Growth in Canada

Retail TouchPoints

includes cloud technology solutions with rich mobile functionality for omnichannel, POS, merchandising, ERP, warehouse management, analytics and loss prevention. The Retail Management Suite from Jesta I.S.

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How Edge Computing Enables the Retail Store of the Future

Retail TouchPoints

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. Computer vision at the edge would create more personalized shopping experiences that synchronize in-person, online and mobile interactions.

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Computer Vision and AI: the new weapon against shoplifters

365 Retail

Loss Prevention platforms with a host of applications In order to make such additional security tools available for their retail customers the providers of self-checkout solutions act as drivers of computer-vision technology. Or a shopper leaves a stash of goods outside the store that are collected at night.

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6 Trends Driving Store Design Innovation in 2024

Retail TouchPoints

After years of lockdowns and digital-driven behaviors, consumers’ actions have shown how crucial the store experience is to how they shop and interact with brands. Everyday items are behind locked plexiglass, but technology will become a key driver of loss prevention efforts.

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How to Design Your Retail Space With Security in Mind

Retail TouchPoints

A freestanding store will require more security attention as there is no additional security infrastructure, like a shopping center with video cameras or security guards. When designing your retail space, where and how you use security cameras is key to loss prevention. Maximize the Visibility and Power of Your Security Cameras.

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Customer Behavior in Retail

Cisco Retail

Personalization of a shopping experience can drive a 40% larger basket (transaction size) according to the Boston Consulting Group. The people counters at the entrance are notoriously inaccurate and the only other reliable point of contact is frequently at the Point of Sale (POS). The same is not true of physical stores.