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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?
Home Depot is on the leading edge with this type of tech usage: the 2023 Retail TouchPoints Store Operations Benchmark Survey revealed that just 28% of retailer respondents’ associates use mobile devices to audit visualmerchandising and displays.
Although the creative aspect is especially important, designers and visualmerchandising teams need to work closely with their colleagues in marketing, IT and business strategy to ensure all decisions align with the bigger picture. AI-enhanced video surveillance also will enable retailers to battle this dilemma.
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.
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.
Police in Arizona have arrested two women who are accused of stealing $100,000 worth of merchandise from several Walmart stores using the retailer’s in-store scanning app, Fox 10 Phoenix reports. The post Two Women Use Walmart App to Steal $100,000 Worth of Merchandise appeared first on VisualMerchandising and Store Design.
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.
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. Starbucks workers organized at many locations in 2022. location voted in favor of starting a union. It was the third company-owned location to so vote.
Walgreens has shuttered numerous locations in the city, while Target recently cut store hours in order to curb losses. The post Retail Organization Partly Blames Amazon and eBay for Shoplifting Crime Wave appeared first on VisualMerchandising and Store Design. Read more at Fox News.
With more than 20 years of retail data science expertise, the company’s Software-as-a-Service (SaaS) platform generates advanced analytical insights and real-time recommendations that help drive action throughout the organization, including operations, finance, marketing, and lossprevention.
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