Retail TouchPoints

JANUARY 8, 2024

Yet despite the growing frequency of ORC, retailers would be remiss to focus their loss prevention efforts solely on these brazen, smash-and-grab scenarios. In fact, according to the 2023 National Retail Security Survey conducted by NRF, Appriss Retail and the Loss Prevention Research Council, 68.8% Similarly, 57.8%

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Loss Prevention Returns Point of Sale Shipping 261

Retail TouchPoints

DECEMBER 5, 2024

They need to keep track of what’s new, what’s unique to their location and what just went on sale. Associates have to be omnichannel fulfillment specialists. the fulfillment scenarios really are endless. Follow evolving protocols as they relate to loss prevention. And don’t forget that they need to sell stuff!

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Payment Services Loss Prevention Fulfillment Shipping 275

Cisco Retail

MAY 25, 2022

Most retailers attribute 50-60% of losses to associate actions. Increasingly, Organized Retail Crime (ORC) and Cybercrime rank at the top of the list of Loss Prevention (LP) concerns, along with associate fraud and returns fraud. Addressing Areas of Shrink at the Point-of-Sale (POS).

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Loss Prevention Shrinkage Returns Point of Sale 142

Inside Retail

DECEMBER 8, 2021

Amelia Adey, loss prevention and compliance manager at Kookai Australia explains: “We wanted to remove any customer dissatisfaction due to out-of-stock items or missed sales due to inventory not being accurately represented in our stock file.

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Retail TouchPoints

DECEMBER 13, 2023

Trend 6: Loss Prevention Enters the Design Conversation Earnings results from Dick’s Sporting Goods, Lowe’s and Target brought theft, and specifically organized retail crime (ORC), into the media spotlight. Everyday items are behind locked plexiglass, but technology will become a key driver of loss prevention efforts.

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Loss Prevention Visual Merchandising Sporting Goods Store Operations 323

365 Retail

JANUARY 29, 2025

AI-Powered Theft Prevention & Seamless Checkout The UltimateShopper Plus features cutting-edge AI-driven loss prevention technology, combining integrated weighing cells with AI-powered cameras to detect suspicious activity in real time.

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Payment Services Checkout Shopping Loss Prevention 52

Cisco Retail

APRIL 22, 2022

It also allows retailers to rely on automation to address permissions for the network or online order fulfillment and notification. Using technology to monitor equipment or compare inventory changes with point of sale (POS) data are examples of the kinds of activities technology could better address.

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Loss Prevention Point of Sale Fulfillment Accounting 98