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Fred Hand, who has deep experience with discount and department store brands, is now overseeing the retailer’s 1,100+ stores, store operations and experience, lossprevention and store experience and design functions. Kohl’s has hired a new Senior EVP and Director of Stores to help improve brick-and-mortar sales and productivity.
That means asking questions like: What more can be done to deter theft using store layout, customer flow, shelf height, mirrors, lighting and the placement of gondolas, merchandise and security cameras? How can we better integrate the latest anti-theft technologies and loss-prevention research into our store designs from the outset?
The devices “have high-quality cameras on them, and we’re instructing our associates to take pictures of the overheads at an appropriate cadence,” throughout the day, said Hari Ramamurthy, a Technology Fellow at The Home Depot in an interview with Retail TouchPoints.
The panel of experts are: Nikki Baird, VP of Strategy for Aptos ; Jamie Cornelius, Executive Creative Director at ChangeUp ; Mardi Najafi, VP of Retail Strategy & Design at Figure3 ; and Melissa Gonzalez, Principal at MG2. Gonzalez: The community-driven aspect is a big part of it.
The promoting and selling strategies that retailers use to increase sales, boost profits, draw in new customers, improve customer experiences, and shape brand image are all part of merchandising. Often, merchandising includes things like creating a pricing strategy, display design and layout, lossprevention, and store upkeep.
Richardson will serve on the Executive Committee and have responsibility for all aspects of the finance organization, including enterprise analytics, strategy, real estate, risk management and lossprevention. The post Former Neiman Marcus CFO Joins Tailored Brands appeared first on VisualMerchandising and Store Design.
Packaging can also contribute to lossprevention strategies by incorporating security seals or tamper-evident features. Material Considerations The selection of materials for retail packaging is crucial, balancing visual appeal and functionality. Chris Thompson is Senior Marketing Communications Manager for QC Conveyors.
The article says Walmart’s lossprevention team began investigating the alleged thefts in March after noticing a “series of suspicious transactions” related to the app. The problem was once they reached the checkout, payment was bypassed, and they simply walked out with the unpaid merchandise. Read more at Fox 10 Phoenix.
Target (Minneapolis) has cut its operating hours at its San Francisco locations due to an increase in theft and “security incidents,” according to local San Francisco CBS broadcast news KPIX 5. These Target locations will now have a 9 a.m. schedule as opposed to the retailer’s normal schedule of 7 or 8 a.m. until 10 p.m.
Target (Minneapolis) has cut its operating hours at its San Francisco locations due to an increase in theft and “security incidents,” according to local San Francisco CBS broadcast news KPIX 5. The post Target Cuts Operating Hours in San Francisco appeared first on VisualMerchandising and Store Design. until 10 p.m.
The recently published 2021 NRF Retail Security Survey revealed that almost 7 in 10 (69%) retail lossprevention and asset protection professionals said the pandemic has resulted in an increase in overall risk for their organization. Send your press releases to VMSD at vmsd.com. SUBMITTING PRESS RELEASES.
Retailers are reporting an increase in organized theft rings, and lawmakers in at least one state are working to bring them down, AZFamily.com reports. Organized retail crime is loosely defined as the online selling of merchandise that’s stolen from businesses. ” Read more at AZFamily.com.
But backrooms filled up, investment money dried up, inflation cut into consumable income, workers sought to organize and lossprevention became a top-of-mind concern. Mid-year, Walmart announced that its profits were sinking – an attempt at transparency aimed at calming investors and soothing shoppers. Happy New Year.
Walgreens has shuttered numerous locations in the city, while Target recently cut store hours in order to curb losses. Read more at Fox News. The post Retail Organization Partly Blames Amazon and eBay for Shoplifting Crime Wave appeared first on VisualMerchandising and Store Design.
percent during 2020, but online returns are in line with recent years at an average of 20.8 It also found that for every $100 in returned merchandise accepted, retailers lose $10.30 percent) and home improvement and housewares (tied at 11.5 The 2021 total rate of returns (16.6 percent) is up from 10.6 retail sales last year.
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