Remove 2020 Remove Management Remove Shrinkage
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The Reject Shop plans more stores as sales surge

Inside Retail

The chain currently has 386 stores nationwide, having opened 67 new stores and closed 35 underperforming ones since June 2020. The company is investing in other initiatives across the business, including in supply chain, technology, infrastructure and warehouse management, he added. million due to rising costs and higher shrinkage.

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The Rise of Micro Markets in Airports

Retail TouchPoints

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. Micro markets often come with management software that can help airport employees in the food and beverage industry increase productivity and optimize operations.

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Effective Ways to Utilize Video Surveillance

Independent Retailer

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. Reduce Retail Theft .

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Effective Ways to Utilize Video Surveillance

Independent Retailer

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. Reduce Retail Theft .

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How to Deliver a Flawless In-Store Customer Experience

Independent Retailer

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.

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How Retailers Meet Tough Challenges Using NVIDIA AI 

Nvidia

Beyond addressing labor shortages, these autonomous stores provide live inventory management and prevent shrink. NVIDIA partners Everseen and Graymatics provide asset protection applications at the point of sale to reduce shrinkage and provide customers a faster self-checkout experience. Improving Logistics.

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Zebra Technologies releases 16th Annual Global Shopper Study

Mass Relators

–   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.