365 Retail

JUNE 28, 2022

For some this might mean being more careful about the weekly shop and exercising restraint over energy consumption, but for others, it’s a step too far. In terms of the volume of incidents, internal theft accounts for over 22% of UK retail shrinkage according to the Centre for Retail Research.

Management 52

Management Shrinkage Accounting Promotions 52

Independent Retailer

JULY 8, 2021

According to the 2020 National Retail Security Survey , retail theft, or shrinkage, is at an all-time high. In fact, in 2019, shrinkage accounted for an average rate of two percent of inventory, calculated at retail, costing the industry a record $62 billion. Remotely Manage Retail Locations.

Loss Prevention 90

Loss Prevention Shrinkage Management Location 90

Retail TouchPoints

JUNE 15, 2022

Appointments for high-end fashion brand shopping have been a long-time standard, but they’ve begun to trickle down to fast fashion brands like H&M and Zara too. Customers book an appointment online and then shop in-store, creating a more curated feel while making life easier for associates to manage.

Payment Services 264

Payment Services Checkout Shrinkage Fast Fashion 264

Retail TouchPoints

MAY 31, 2022

This ultra-fast connectivity — when paired with other technologies such as IoT, computer vision or cloud computing — will enable everything from virtually enhanced, personalized in-store shopping to real-time planogram compliance to up-to-the-second SKU-level supply chain tracking. Enhanced, Personalized In-Store Shopping.

Merchant Services 353

Merchant Services Checkout Shrinkage ATS 353

Independent Retailer

JULY 29, 2022

RFID is rapidly gaining implementation within the retail sector and is a key technology applied to aid business operations by improving inventory management and stock visibility as the foundation of adoption. Enhanced Inventory Management. According to the NRF National Retail Study 2018 , inventory shrinkage costs the U.S.

Customer Experience 77

Customer Experience Shrinkage Checkout Inventory Management 77

Mass Relators

OCTOBER 25, 2023

–   Zebra Technologies Corporation  has announced the findings of its 16 th Annual Global Shopper Study that confirmed retailers are feeling the omnichannel squeeze, particularly with managing online returns and reducing shrink caused by theft, fraud and other contributing factors.

Checkout 52

Checkout Payment Services Shrinkage Returns 52

Mass Relators

MARCH 7, 2024

“As customers manage macroeconomic pressures, we are lowering prices and offering even more ways to save with personalized promotions and rewards. Our unique seamless shopping experience provides customers the products they want, when and how they want them, with zero compromise on quality, convenience and selection. billion. .

Shrinkage 52

Shrinkage Returns Promotions Customer Experience 52

Nvidia

JANUARY 13, 2022

One way to address the problem is by creating autonomous shopping experiences. AiFi, AWM and Trigo’s autonomous shopping platforms, each shown at NRF, provide a seamless store checkout process. Beyond addressing labor shortages, these autonomous stores provide live inventory management and prevent shrink. Improving Logistics.

Shrinkage 115

Shrinkage Checkout Inventory Management Point of Sale 115

Inside Retail

SEPTEMBER 20, 2023

Retail owners and managers need to support their teams through very challenging circumstances this year as they struggle with their household budgets. Retailers have been left with no alternative but to increase prices to remain viable – creating a vicious cycle with a risk of further impacting declining sales.

Shrinkage 130

Shrinkage Promotions Management Shopping 130

Wiser

APRIL 23, 2019

Phantom inventory is particularly challenging because your inventory management system says the products are in-stock, but the shelves are empty. Shrinkage – Shrinkage occurs when a product is lost due to employee theft, shoplifting, or another unknown reason. . You can’t fix what you don’t know is even a problem.

Shrinkage 100

Shrinkage Inventory Management Location Fulfillment 100

365 Retail

OCTOBER 12, 2023

Don’t Blame Shrinkage: Why Poor Digital Strategy Might Be Responsible for Retail Uncertainty While retail is a cyclical industry, it’s important to be honest about transformations, negative and positive, in the industry. Certainly, these elements make an impact. This allows them to be more self directed, more autonomous, more entrepreneurial.

Shrinkage 115

Shrinkage Clienteling Outdoor Consumer 115

Retail TouchPoints

NOVEMBER 23, 2022

As the holiday shopping season approaches, tech-savvy retailers will reassess what video technology offers. It was then that consumers developed a ravenous appetite for online shopping and speedy home delivery, while losing their taste for city centers and malls. Rewiring Retail. The expected bounce-back has, at best, developed slowly.

Merchant Services 288

Merchant Services Shrinkage Store Layout Customer Experience 288

I Vend

DECEMBER 10, 2023

Inventory management – ‘the right goods, in the right place, at the right time’ sums up the core of retail. So inventory management is essential. Retail technology can streamline inventory management by enabling retailers to accurately track goods from delivery to sale through to returns.

Shrinkage 87

Shrinkage Inventory Management Store Layout Checkout 87

Retail Geek

NOVEMBER 30, 2021

The Salesforce shopping index combines data and holiday insights on the activity of more than a billion global shoppers across more than 54 countries powered by Commerce Cloud, billions of consumer engagements and millions of public social media conversations through Marketing Cloud, and customer service data powered by Service Cloud.

Shipping 52

Shipping Consumer Shopping Promotions 52