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Beef Up Perimeter Security to Enhance Loss Prevention and Safety

Retail TouchPoints

Loss Prevention Technology is Key. A growing number of retailers are increasing their budgets to implement new technologies in order to prevent theft before it takes place. fashion store was traveling in a shopping district that contains the same store.

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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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Battling Loss Prevention: 3 Ways Theatro Can Help You Keep Assets Safe

Theatro

Not only do customers expect safety when they are shopping, but also retailers simply cannot afford to routinely take financial losses from theft and store damages. The ramifications of inadequate asset and loss protection can be severe, impacting a retailer’s bottom line, reputation, and overall business operations.

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How retailers can combat shrink and create an enjoyable shopping experience

Inside Retail

The result is costing retailers billions in stock loss each year. The FoxTag is a revolutionary loss prevention system that empowers retailers to take back control. With over two decades experience working with retailers, Vitag is a leading supplier of loss prevention solutions for the Australian and New Zealand retail industry.

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What to Consider When Incorporating AI into Your Retail Business

Retail TouchPoints

Today, it is hard to imagine any sector where AI has yet to be deployed in some capacity, including, increasingly, retail, which has turned to AI for everything from streamlining the supply chain to personalizing shopping experiences. Intellectual property concerns.

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Planning to Prevent Workplace Violence in Retail

Retail TouchPoints

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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AI Isn’t Going Anywhere: How Retailers Plan to Deploy the Tech in 2024

Retail TouchPoints

In fact, 30% of respondents believe that the biggest area of opportunity for AI is in stores to aid omnichannel and loss prevention efforts; and Transforming customer experiences specifically through the use of generative AI. But many of these tasks may just represent the low-hanging AI fruit.