Management Shrinkage Store Operations 
Retail TouchPoints
APRIL 30, 2025
Retail chains across the country have even reported missing quarterly earnings expectations due to inventory shrinkage, highlighting a crisis that affects businesses of all sizes. For businesses managing substantial inventory, gates and grilles play a crucial role in loss prevention. In 2023, U.S. retailers lost a staggering $121.6
Inside Retail
MAY 5, 2025
Ferags smart automation solutions are designed to ease these pressures across both stores and distribution centres by reducing dependence on surge labour and reducing cost per carton. Store operations : Store labour tasks are minimised by reducing back-of-house processing.
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Inside Retail
AUGUST 12, 2025
What’s needed now is a step-change in how store operating models are designed, executed and sustained. While retail and manufacturing may look different on the surface, the fundamentals of how they operate are remarkably similar: Both rely on people, processes, infrastructure, systems and performance management to succeed.
Retail TouchPoints
JULY 18, 2024
For example, if your stores don’t have reliable network connections, it’s a good idea to seek out technology that operates in offline mode with no loss of efficiency. Ideally, these apps also should contribute to a better in-store shopper experience. in an interview with Retail TouchPoints.
I Vend
FEBRUARY 6, 2023
iVend Retail Inventory Management Inventory management drives store efficiency and customer experience. Read about iVend’s smart retail technology for inventory management. Inventory management systems give retailers visibility of all their stock, wherever it is.
Retail TouchPoints
FEBRUARY 21, 2023
5G can reduce wasted time and prevent inventory shrinkage, providing retailers with cost savings. A pallet of goods can be tracked from departure at the manufacturing site through transit to the store. 5G-enabled tools can allow for order picking and inventory management.
Retail TouchPoints
NOVEMBER 7, 2023
What’s more, these scenarios are also becoming more blatant in recent months as fraudsters have raided and ransacked department stores. The same retail security survey from NRF found that most retailers experience a shrinkage rate of around 1.4%, which is most often attributed to shoplifting, employee theft and ORC.
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