Inside Retail

MARCH 4, 2022

Maximise profits, minimise shrinkage. Shrinkage is a problem that affects up to 95 per cent of all businesses, and it hurts everyone (business owners, employees, customers). Maximise the customer experience, minimise errors, long queues and unavailable staff. Cash-In-Transit (CIT) services. Banking fees.

Shrinkage 162

Shrinkage Payment Services Customer Experience Accounting 162

Retail TouchPoints

OCTOBER 25, 2021

The increased bandwidth from 5G provides 360-degree visibility across the entire supply chain, removing much of the friction from existing processes and reducing losses such as inventory shrinkage. Providing retailers with enhanced data on usage patterns can further streamline operations and reduce wasted inventory.

Payment Services 317

Payment Services Shrinkage Consumer Accessories 317

Retail TouchPoints

AUGUST 4, 2023

While airports are “public spaces” and micro markets have traditionally been in “closed environments,” the risk of shrinkage outweighs the cost of employee overhead, and since people have already been through security this provides a perception of oversight.

Payment Services 246

Payment Services Kiosk Marketing Inventory Management 246

Frank Mayer

JANUARY 14, 2022

Read on to discover three customer experience predictions for the upcoming year. The Hybrid Shopping Experience. As customer experience strategies evolve, omnichannel methods will continue prioritizing the consumer’s demands for ease and accommodation. Customer Experience Predictions for 2022.

Customer Experience 79

Customer Experience Kiosk Checkout Shrinkage 79

Retail TouchPoints

FEBRUARY 21, 2023

Delivery and stocking experiences: 5G can support massive IoT connectivity, which can be used to improve product tracking capabilities. 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.

Sporting Goods 264

Sporting Goods Payment Services Shrinkage Point of Sale 264

Retail TouchPoints

MAY 31, 2022

Additionally, we’re able to look at what are the highly trafficked areas and what are the focus spots [in the store] to reduce shrinkage and optimize employee staffing ,” she added. Supply Chain Optimization.

Merchant Services 354

Merchant Services Checkout Shrinkage ATS 354

I Vend

MAY 8, 2024

Here’s some of the key ways that an integrated POS systems for wine and liquor can underpin growth strategies for wine and liquor stores: POS – integrated POS software for wine and liquor stores helps with efficiency at the checkout, enhancing the customer experience and streamlining operations in wine and liquor stores.

Shrinkage 91

Shrinkage Inventory Management Payment Services Point of Sale 91

Retail Gazette

FEBRUARY 28, 2024

Subscribe to Retail Gazette for free Sign up here to g et the latest news straight into your inbox each morning As well as robotics in the supply chain, John Lewis has introduced new technologies to help boost the employee and customer experience.

Shrinkage 110

Shrinkage Customer Experience Planning Department Stores 110

I Vend

FEBRUARY 6, 2023

iVend Retail Inventory Management Inventory management drives store efficiency and customer experience. They help retailers ensure they have the right goods in the right place at the right time, improving store performance and enhancing customer experience.

Inventory Management 98

Inventory Management Management Shrinkage Returns 98

365 Retail

SEPTEMBER 1, 2024

With its network of linked devices, IoT is not only improving retail operations but also altering the customer experience in ways unthinkable a few years ago. From tailored shopping experiences to simplified inventory control , IoT is leading in producing what we now call “smart stores.”

Payment Services 120

Payment Services Shrinkage Checkout Consumer 120

Wiser

JUNE 23, 2020

Restaurants like Chipotle, Panera, and Blaze Pizza brought quality ingredients, tech-enabled customer experiences, and hip marketing to the dining public. Reduce Shrinkage. Shrinkage occurs when inventory goes missing, or shrinks, due to employee theft, customer theft, vendor fraud, or cashier error.

Payment Services 78

Payment Services Shrinkage Location Marketing 78

RETAIL MANAGEMENT SOFTWARE

JULY 29, 2024

Supporting Store Teams and Enhancing Customer Experience In-store technology must enhance the experience for both store teams and shoppers. Evolving customer expectations and labor challenges require solutions that are human-centered and designed to improve overall efficiency and satisfaction.

Inventory Management 111

Inventory Management Shrinkage Promotions Store Operations 111

Retail Focus

AUGUST 8, 2023

Outsourcing security and loss prevention services to professionals can significantly reduce the risk of theft, shoplifting, and inventory shrinkage. By entrusting this crucial aspect to specialists, you can provide a safe shopping environment for your customers and protect your assets.

Loss Prevention 130

Loss Prevention Inventory Management Inventory Turnover Shipping 130

I Vend

DECEMBER 10, 2023

Customer service operations – a unified retail POS is essential to delivering an optimal customer experience across all channels. Loyalty information ensures customers are recognised in store as well as online; and ensures that promotions are 100% aligned with shopping preferences.

Shrinkage 94

Shrinkage Inventory Management Store Layout Checkout 94

Retail Gazette

JUNE 13, 2024

Under the partnership, fully autonomous drones are used in the brand’s warehouses to enable full operational visibility via smart, real-time inventory tracking, minimising stockouts, misplacements, and shrinkage across its supply chain. ” Click here to sign up to Retail Gazette‘s free daily email newsletter

Shrinkage 59

Shrinkage Fulfillment Customer Experience ATS 59

Nvidia

JANUARY 13, 2022

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. Spacee is using computer vision and AI to help retailers handle these basic, repetitive tasks.

Shrinkage 115

Shrinkage Checkout Inventory Management Point of Sale 115

365 Retail

MAY 3, 2022

During a series of trials at retailers around the world, the Metal Label delivered incredible results – reducing shrinkage across all product types, including canned tuna, baby formula, deodorants, face creams and foil-lined coffee products.

Shrinkage 52

Shrinkage Customer Experience Management ATS 52

VMS

DECEMBER 7, 2021

of Calgary, that future is here right now, with NOBAL’s iMirror product, an interactive mirror that promises to revolutionize the customer experience in the retail realm—much as it’s already doing in hospitality settings. The benefits, note Bissell, are many: “No fitting rooms means dramatically reduced shrinkage.

Shrinkage 86

Shrinkage Visual Merchandising Checkout Returns 86

CJ Retail Solutions

FEBRUARY 11, 2025

A merchandising audit A merchandising audit will give an insight on all aspects of the retail outlet which will provide an In depth insight into the operation of the retail outlet, the customer experiences the products and inventory. Customer experience: It goes without saying that happy customers mean increased profitability.

Shrinkage 52

Shrinkage Customer Experience Shopping ATS 52

A1 Retail

OCTOBER 12, 2021

Loss prevention teams call this inevitable outcome “external shrinkage”. Which is why it is so encouraging to see retailers utilising new technology to reduce the impact of shrinkage. Businesses can use existing infrastructures to get similar benefits, develop better customer experiences and use technology to enhance loss prevention.

Shrinkage 40

Shrinkage Loss Prevention Checkout Supermarket 40

Star Miconics

JULY 5, 2024

As accuracy improves, the positive impact on service, customer experiences, and the bottom line is substantial. These inventory tracking solutions also provide managers with invaluable data, revealing sources of shrinkage and waste. When a server takes an order, the printer instantly generates a ticket for the back of the house.

Inventory Management 59

Inventory Management Shrinkage Point of Sale Management 59

Mass Relators

MARCH 7, 2024

Our unique seamless shopping experience provides customers the products they want, when and how they want them, with zero compromise on quality, convenience and selection. “We respect and appreciate our associates who are delivering a full, fresh and friendly customer experience. million to $4.8 billion.

Shrinkage 52

Shrinkage Returns Promotions Customer Experience 52

Mass Relators

OCTOBER 25, 2023

In fact, eight in 10 of them agree the investment in self-checkouts is paying off as this technology allows associates to work on higher value tasks and improves the customer experience. Consumers demand the way they browse, acquire, consume, and return merchandise to be seamless wherever they shop.

Checkout 52

Checkout Payment Services Returns Shrinkage 52

Retail Assist

OCTOBER 16, 2024

Many growing retailers struggle with high handling costs, inventory discrepancies and delays in processing returns, which can lead to operational inefficiencies and a negative customer experience. Additionally, streamlined processing speeds up refunds or exchanges, improving customer satisfaction and brand loyalty.

Inventory Management 52

Inventory Management Management Shrinkage Returns 52

RETAIL MANAGEMENT SOFTWARE

JANUARY 8, 2025

In today’s fast-paced retail environment, staying ahead of the competition means embracing technology that not only enhances efficiency but also elevates the customer experience. Provide a unified customer experience with consistent pricing and promotions. Sync inventory and sales across physical and digital stores.

Payment Services 52

Payment Services Point of Sale Inventory Management Customer Experience 52

RETAIL MANAGEMENT SOFTWARE

JUNE 3, 2024

Inaccurate Inventory Counts : Manual inventory tracking methods are prone to errors, leading to discrepancies in stock levels and inventory shrinkage. Competition from online retailers and fast-fashion brands has put pressure on margins, forcing retailers to find ways to reduce costs without sacrificing quality or customer experience.

Apparel 52

Apparel Fashion Inventory Management Management 52

Retail TouchPoints

JUNE 15, 2022

To curb shrinkage, self-pay via an app is used to let shoppers and guests purchase items themselves. Roaming checkout enables employees to take payments from shoppers from anywhere inside the store. They simply scan the item or put it in their cart on their phone, pay and walk out with item in tow.

Payment Services 264

Payment Services Checkout Shrinkage Fast Fashion 264

Star Miconics

APRIL 12, 2024

In such a dynamic setting, utilizing labels from a dependable linerless sticky label printer can significantly streamline operations and ensure each unique customer request is handled accurately and efficiently. However, they must also work quickly to keep lines short and accommodate busy customers. Is your business prepared?

Shopping 59

Shopping Shrinkage Kiosk Returns 59

Retail Gazette

DECEMBER 23, 2024

M&S said: Shoppers looking for style advice will be assisted by the 35-strong team of customer experience visual stylists who are on hand to provide help with fittings and outfit building. It also offers a small beauty range, as well as click and collect services.

Outdoor 105

Outdoor Supermarket Grocer Department Stores 105