Retail TouchPoints

AUGUST 4, 2023

The travel and tourism industry went through a shock in 2020, with the COVID-19 pandemic leading to a decrease in passenger traffic and significant economic challenges for airports. Consumers are also becoming more exposed to self-checkout options, and they are in turn becoming more normalized and natural.

Payment Services 246

Payment Services Kiosk Marketing Inventory Management 246

Inside Retail

JUNE 28, 2022

Supermarket Woolworths has also been singled out after a slide from a 2020 training module, uploaded by a user on Reddit, claimed it uses facial mapping and artificial intelligence in its CCTV system, and had shared this data with police in order to help them apprehend suspects. Most customer’s “uncomfortable” with surveillance .

Consumer 130

Consumer Payment Services Shrinkage Loss Prevention 130

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. Reduce Retail Theft . However, the value of each incident increased.

Loss Prevention 98

Loss Prevention Shrinkage Management Location 98

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. Reduce Retail Theft . However, the value of each incident increased.

Loss Prevention 98

Loss Prevention Shrinkage Management Location 98

Inside Retail

DECEMBER 16, 2021

Based on their experience in the industry, they knew consumers were attracted to cute designs, and by pairing them with the emerging oversized fit trend, ADLV became an instant hit. Trends change very fast and consumers nowadays transfer from one brand to another very easily. Riding the hallyu wave. billion in 2019.

Shrinkage 130

Shrinkage Fashion Marketing Consumer 130

Independent Retailer

JULY 29, 2022

Interactive fitting rooms increase consumer engagement by providing outfit and accessory suggestions, size availability, and color options. According to the NRF National Retail Study 2018 , inventory shrinkage costs the U.S. by Dean Frew. retail industry $47 billion in 2017. The Importance of RFID.

Customer Experience 98

Customer Experience Shrinkage Checkout Inventory Management 98

Nvidia

JANUARY 13, 2022

and “What happens to my margins if Susie Consumer purchases three of the same dresses online and returns two?”. The $26 trillion global retail industry is undergoing accelerated change, brought on by the pandemic and rapidly changing consumer habits. ,” “What incentives can I offer to loyal workers?”

Shrinkage 115

Shrinkage Checkout Inventory Management Point of Sale 115