Retail TouchPoints

JULY 9, 2020

Fast Track also can help improve accuracy for retailers, which can boost loss prevention, reduce errors at checkout and create a better self-checkout experience for customers. Fast Track aims to eliminate the need for consumers to enter product codes via touchscreens by automatically recognizing produce, bakery and specialty items.

Checkout 179

Checkout Grocer Loss Prevention Supermarket 179

Retail TouchPoints

JUNE 29, 2022

When designing your retail space, where and how you use security cameras is key to loss prevention. Ensure security cameras point directly toward all entrances and exits, as this can help you see where any theft is occurring or when unauthorized employees are entering prohibited areas or rooms.

Payment Services 253

Payment Services Point of Sale Loss Prevention Management 253

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.

Loss Prevention 246

Loss Prevention Point of Sale Fulfillment Management 246

Retail TouchPoints

JULY 12, 2023

Technology — specifically edge computing — provides the foundation for a better customer experience, real-time inventory management, enhanced security and loss prevention and in-store analytics.

Payment Services 206

Payment Services Inventory Management Checkout Loss Prevention 206

Retail TouchPoints

NOVEMBER 20, 2023

Throughout his retail career, loss prevention remained a focus. Aaron Stamm is a Retail Consultant at Acuity , which he joined in 2017, bringing with him more than 35 years of experience in a broad range of retail. With Acuity Stamm provides retailers with actionable insights and real value to benefit their businesses.

Payment Services 306

Payment Services Sporting Goods Inventory Management Loss Prevention 306

Retail TouchPoints

DECEMBER 5, 2024

Follow evolving protocols as they relate to loss prevention. And process returns of stuff people don’t want! They likely need to host events, too, since store events are all the rage. Keep the stores tidy. Personalize the experience. Make sure shoppers sign up for loyalty programs and private label credit cards.

Payment Services 216

Payment Services Loss Prevention Fulfillment Shipping 216

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.

Loss Prevention 262

Loss Prevention Visual Merchandising Sporting Goods Store Operations 262

Retail TouchPoints

JUNE 12, 2020

Some stores were literally in flames, and there were loss prevention issues at others. The key is that retailers need to use technology to get in front of their challenges, in areas such as loss prevention and monitoring foot traffic. Some stores were left with nothing but the walls.

Management 159

Management Loss Prevention ATS Store Operations 159

Cisco Retail

APRIL 22, 2022

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. Technology brings capabilities to retailers that help address tasks in more reliable, consistent ways. Artificial Intelligence and Machine Learning.

Loss Prevention 98

Loss Prevention Point of Sale Fulfillment Accounting 98

I Vend

DECEMBER 10, 2023

Effective inventory management leads to lower overall inventory costs, fewer lost sales due to stock-outs, and greater customer satisfaction – and ultimately more profit. Point of sale store operations – customers want fast and friction-free checkout, and retailers need to know what has been sold.

Shrinkage 94

Shrinkage Inventory Management Store Layout Checkout 94

Cisco Retail

SEPTEMBER 7, 2022

The people counters at the entrance are notoriously inaccurate and the only other reliable point of contact is frequently at the Point of Sale (POS). This may be true, but most cameras in retail are for loss prevention (LP) only and are only capable of recording video. The same is not true of physical stores.

Loss Prevention 96

Loss Prevention Promotions Consumer Point of Sale 96

365 Retail

JANUARY 4, 2023

This approach also supports stock accuracy and loss prevention, as mobile point-of-sale technology automates inventory management. Employees can also easily access inventory data on a mobile device, quickly checking the availability of an out-of-stock item and arranging shipment to the customer. .

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Loss Prevention Customer Experience Inventory Management Point of Sale 70

A1 Retail

OCTOBER 12, 2021

As counterintuitive as it is, we all know losses are an accepted norm in retailing. Factored into the bottom line, as sales increase for stores, so will the losses of product inventory. Loss prevention teams call this inevitable outcome “external shrinkage”. These barriers do not mean retailers can’t innovate.

Shrinkage 40

Shrinkage Loss Prevention Checkout Supermarket 40

Retail Next

SEPTEMBER 10, 2019

Invest in a Point-of-Sale (POS) System. Savvy retail owners know that one of the best investments they can make in their business is acquiring a point-of-sale (POS) system , which can manage transactions, accept credit card payments, track inventory and provide reports.

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Finance Payment Services Loss Prevention Accounting 59

365 Retail

NOVEMBER 22, 2023

Loss Prevention platforms with a host of applications In order to make such additional security tools available for their retail customers the providers of self-checkout solutions act as drivers of computer-vision technology. These possibilities are also the daily business for Re-Vision (a Business Unit of Extenda Retail).

Payment Services 104

Payment Services Loss Prevention Checkout Shopping 104