Retail TouchPoints

NOVEMBER 20, 2023

Optimize inventory management: Like damaged products and shipping errors, theft can negatively impact retail inventory management. Address the self-checkout issue: Staffing constraints have made self-checkouts a popular fixture in stores of all sizes. Throughout his retail career, loss prevention remained a focus.

Payment Services 312

Payment Services Sporting Goods Inventory Management Loss Prevention 312

Retail TouchPoints

NOVEMBER 26, 2021

The cloud opens the doors to new efficiencies and reduced loss, especially when you consider the retail operations that include hundreds (if not thousands) of stores across a distributed network of stores and corporate headquarters. Securing and capturing camera and sensor data is only the first step.

Loss Prevention 264

Loss Prevention Operating Expenses Customer Experience Checkout 264

Retail Focus

JANUARY 13, 2023

Value Added Friction: A New Way to Look at Loss Prevention at Self-Checkout. End-to-End Digitalisation in Claim Management. Anke Schmidt, Dirk Rossmann GmbH, Management Board for an International Retail and Purchasing Organisation. Michał Wesołowski, Checkpoint Systems, Strategic Account Manager.

Loss Prevention 130

Loss Prevention Checkout Management Accounting 130

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 94

Shrinkage Inventory Management Store Layout Checkout 94

Retail TouchPoints

OCTOBER 15, 2020

So if a hacker does manage to infiltrate a retailer’s system, there is no useful information to steal. This helps online retailers capitalize on the added benefits of reduced cart abandonment and customer frustration during checkout that impacts brand loyalty. The Fraud-Fighting Expertise of Fintechs. Secure Foundations.

Payment Services 147

Payment Services Planning Accounting Loss Prevention 147

Cisco Retail

SEPTEMBER 7, 2022

Of course, we have the problems of lines or queues, whether at a service counter, the checkout, or increasingly, for curbside pickup or at a drive-thru. This results in direct loss of revenue for a retailer and in fact may add cost to restock or through wastage for perishable items. My retailer says they already have cameras.”

Loss Prevention 121

Loss Prevention Promotions Consumer Point of Sale 121

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 Returns Shrinkage 52

VMS

NOVEMBER 30, 2022

But backrooms filled up, investment money dried up, inflation cut into consumable income, workers sought to organize and loss prevention became a top-of-mind concern. In California, Amazon-owned Whole Foods stores launched palm-scanning technology at checkout. Happy New Year. INFLATION ON. YOUR MIND. OF YOUR HANDS.

Visual Merchandising 85

Visual Merchandising Drop-Shipping Loss Prevention Shipping 85

V Count

MARCH 20, 2023

More often than not, supermarket owners and managers rely on offering sales and discounts on popular items to attract shoppers looking for deals, and they support these deals with visually appealing displays and posters. As a store manager, you must first have precise visitor data to gain actionable insights into customer behavior.

Supermarket 52

Supermarket Loss Prevention Promotions Store Layout 52

Retail Assist

JANUARY 17, 2023

Blending physical and digital to get the basics right will be paramount: from visually appealing displays and signage, tidy shop floors, well-stocked shelves and accurate stock information, efficient queue management of sales, click and collect, returns and service points, to the availability of knowledgeable and empowered retail teams.

Customer Retention 52

Customer Retention Payment Services Loss Prevention Checkout 52

365 Retail

MAY 5, 2023

Predictive analytics, another AI-driven tool, has been instrumental in helping retailers optimize their inventory management and pricing strategies. Additionally, it can help monitor employee behaviour and prevent internal theft. Retailers are also using facial recognition for queue management.

Store Layout 80

Store Layout Promotions Inventory Management Advertising 80

V Count

MARCH 20, 2023

More often than not, supermarket owners and managers rely on offering sales and discounts on popular items to attract shoppers looking for deals, and they support these deals with visually appealing displays and posters. As a store manager, you must first have precise visitor data to gain actionable insights into customer behavior.

Supermarket 40

Supermarket Loss Prevention Promotions Store Layout 40

Retalon

APRIL 27, 2021

The instant a customer hits the checkout button the AI technology evaluates every viable fulfillment option and recommends the optimal choice. Canadian award-winning retailer, Simons, leverages the best of both worlds with AMR in operations along with Retalon’s AI for forecasting and inventory management. check out their story here).

Fulfillment 41

Fulfillment Markdowns Promotions Returns 41

Retalon

SEPTEMBER 22, 2021

At checkout, the shopper would have multiple fulfillment options to select from – including BOPIS. Better inventory management and visibility. Retailers need better inventory management practices to conduct BOPIS operations but at the same time, BOPIS makes your inventory management better. Secure order pickup.

Fulfillment 41

Fulfillment Payment Services Inventory Management Shipping 41

Retail TouchPoints

JUNE 12, 2020

Rob Almond, CEO of facilities management firm NEST , spoke to Retail TouchPoints about the combined impact on brick-and-mortar stores from COVID-19 closures and the property destruction accompanying some of the initial Black Lives Matter protests, as well as new technologies designed to promote customer and employee safety and peace of mind.

Management 194

Management Loss Prevention ATS Store Operations 194

365 Retail

NOVEMBER 22, 2023

Inferring meaningful information from digital images and videos: retailers’ hopes to have a new, highly efficient tool against shoplifting, loss and organised crime in future are based on Computer Vision, a sub-segment of Artificial Intelligence (AI). The camera points at the scan area of the self-checkout terminal.

Payment Services 104

Payment Services Loss Prevention Checkout Shopping 104