Retail TouchPoints

JANUARY 10, 2024

There’s been a lot of talk recently about retailers reporting lower-than-expected earnings due to inventory shrinkage. According to the Corporate Finance Institute , “Inventory shrinkage occurs when the number of products in stock are fewer than those recorded on the inventory list. What does this mean exactly?

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Shrinkage Bar Codes Shipping Finance 310

Retail TouchPoints

JULY 18, 2024

Understaffing contributes to theft and shrinkage in general, but it also creates an increasingly impersonal feeling for offline shopping ,” said Nick Kramer, Leader of Applied Solutions at SSA & Co. We’re also doing ship-from-store in about 350 stores for inventory mitigation as well as [delivery] speed,” said Summers.

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Customer Experience Kiosk Shrinkage Shipping 278

Retail Focus

AUGUST 8, 2023

Order Fulfillment When outsourcing, retailers can benefit from streamlined inventory management, order processing, and shipping. Third-party logistic experts possess the infrastructure, expertise, and technology required to handle outsourcing order fulfillment with precision.

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Loss Prevention Inventory Management Inventory Turnover Shipping 130

Retail Geek

NOVEMBER 30, 2021

Cyberweek and in large part because the two of you everybody saw a ship again in like everybody right it made the Today Show. we saw a shrinkage of 6% of product catalogs so retailers are being conservative. Cyberweek because consumer saw the headline you know I was asked by a customer just recently in the specialty apparel space.

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Shipping Consumer Shopping Promotions 52