This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Capri Holdings will deploy the iD Cloud RFID solution from Nedap across all its Alcott and Gutteridge banners, covering stores in Italy, Austria, Germany, Spain, Greece, Armenia and UAE.
This increased risk has forced retailers to reconsider their lossprevention strategies. It’s no longer just about stopping theft; protecting staff and customers from harm is now a top priority, prompting retailers to adopt more comprehensive and proactive approaches to lossprevention and safety.
Yet despite the growing frequency of ORC, retailers would be remiss to focus their lossprevention 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 LossPrevention Research Council, 68.8% Similarly, 57.8%
Sensormatic Solutions has extended its partnership with MTI to offer additional lossprevention and liability offerings for high-value electronics, including smartphones, tablets and cameras. The solutions are designed to safeguard these devices while still letting customers interact freely with them.
Sensormatic Solutions has introduced an acousto-magnetic metal label designed to protect high-risk products with metal surfaces like cookware, canned foods and power tools. The new label helps retailers protect previously unprotectable items, while also reducing the labor demand associated with tagging and monitoring these products.
Premium retailer Woolworths will deploy the iD Cloud RFID solution from Nedap to 217 Fashion, Beauty and Home stores across South Africa as it seeks to improve inventory accuracy and in-store replenishment. We are excited to start this journey with them.
They likely need to host events, too, since store events are all the rage. Keep the stores tidy. Follow evolving protocols as they relate to lossprevention. And, and, and… Are we expecting too much from store associates? And process returns of stuff people don’t want! Personalize the experience.
Fewer false alarms: Don’t waste resources or disrupt storeoperations unless the threat is real. Effective communication systems ensure lossprevention and security can quickly rule out suspicious activity.
Still, as intelligence-led lossprevention (ILLP) systems that rely on radio frequency identification (RFID)-supported inventory insights to help retailers get ahead of organized retail crime become more common, retailers are considering a change in approach.
Kohl’s has hired a new Senior EVP and Director of Stores to help improve brick-and-mortar sales and productivity. Fred Hand, who has deep experience with discount and department store brands, is now overseeing the retailer’s 1,100+ stores, storeoperations and experience, lossprevention and store experience and design functions.
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?
This will help managers quickly understand how a specific location is performing compared to corporate expectations and peer stores, helping them prioritize which locations to visit.
My 35-plus years of experience in retail, most of that time being in lossprevention, has taught me a lot. Some insurance companies have loss control or lossprevention professionals who can help. Throughout his retail career, lossprevention has been a consistent focus. Additionally, the U.S.
Home Depot is on the leading edge with this type of tech usage: the 2023 Retail TouchPoints StoreOperations Benchmark Survey revealed that just 28% of retailer respondents’ associates use mobile devices to audit visual merchandising and displays.
One prime example: the retailer’s partnership with RetailNext to use in-store traffic analytics for shaping everything from staffing strategies to improving store performance and even lossprevention.
The annual survey of retail lossprevention experts found that almost nine out of 10 participating retailers reported an increase in overall risk for their company, with fraud increasing both in-store and online. Thomas is a member of the Rolling Stones Culture Council and the LossPrevention Magazine Advisory Board.
Retailers have gotten better about thinking about simple things like power accessibility or creating WiFi shadows around fixtures and things like that, but there are still far too many unintended consequences that come out of store design because they did not think through tech requirements up front.
includes cloud technology solutions with rich mobile functionality for omnichannel, POS, merchandising, ERP, warehouse management, analytics and lossprevention. The Retail Management Suite from Jesta I.S.
According to the 2022 Organized Retail Crime Survey from the National Retail Federation, in partnership with Appriss Retail and the LossPrevention Research Council, for every $1 billion in revenue that a U.S. Organized retail crime is a growing problem. retailer makes, more than $700,000 is lost due to ORC.
Unfortunately, while larger stores often have security measures like lossprevention personnel, anti-theft sensors and other helpful solutions, those measures usually aren’t financially feasible for small and mid-sized businesses.
Almond: We started to see board-up requests during the later part of the Memorial Day weekend, as well as calls for security guards, clean-ups, and in some cases store closings for the safety of the employees. Some stores were literally in flames, and there were lossprevention issues at others.
Given the widespread impact of theft, retailers are investing in new systems and technologies to support their lossprevention efforts. In response, the retailer removed “items at the center of the most significant confrontational behavior,” which engendered criticism from LGBTQ groups.
Not only does physical security technology now play a larger role in deterring and catching would-be shoplifters, but it also helps provide a pleasant customer experience in the absence of store staff. Hedgie Bartol serves as a Segment Development Manager for Retail in North America at Axis Communications.
Technology — specifically edge computing — provides the foundation for a better customer experience, real-time inventory management, enhanced security and lossprevention and in-store analytics. There’s also the matter of securing the computer hardware that runs the storeoperations.
This includes monitoring the internet and social media, liaising with local law enforcement and working with individual retailers’ lossprevention officers. Mall of America also works with intelligence analysts to proactively look for threats.
Thomas is a member of the LossPrevention Magazine Advisory Board. He and his team work with organizations in the retail, financial, hospitality, gaming and cannabis industries via Genetec’s network of system integration partners.
The modules follow a routine walkthrough for all kinds of stores to collect information about: Customer information and safety; Employee education, health and safety; Store cleanliness and sanitization; Security and lossprevention; Evolving state and local guidelines; and Customer confidence feedback.
Sean Bush Read more of Sean's published works here: How to Protect Customers And Stores from Organized Retail Crime Streamlined In-Store Communication Battling LossPrevention The Power of Proficiency, Productivity, and Profitability Enhancing Customer Experiences Through Improved Connections Generative AI for In-StoreOperations Retailers Must Adapt (..)
Throughout his retail career, lossprevention 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.
As retail crime continues to rise and shoplifting incidents surpass the highest levels since records began, a third of UK consumers witnessed an instance of retail theft in the past 12 months, according to the latest research by Retail Insight , the leading provider of storeoperations execution software.
Point of sale storeoperations – customers want fast and friction-free checkout, and retailers need to know what has been sold. Customer service operations – a unified retail POS is essential to delivering an optimal customer experience across all channels.
Sean Bush Read more of Sean's published works here: How to Protect Customers And Stores from Organized Retail Crime Streamlined In-Store Communication Battling LossPrevention The Power of Proficiency, Productivity, and Profitability Enhancing Customer Experiences Through Improved Connections Generative AI for In-StoreOperations Retailers Must Adapt (..)
Adopting BOPIS can be challenging so we’ll explain how you can successfully merge your online and physical storeoperations. BOPIS, meaning Buy Online, Pickup In-Store, is an order fulfillment option that helps retailers connect their e-commerce channels with their brick-and-mortar storefronts. What is BOPIS?
When designing your retail space, where and how you use security cameras is key to lossprevention. Strategically place your cameras: Having eyes across the entire store is essential, but it’s especially critical to have clear visibility of what’s going on at the most important spots of the retail property.
And there was certainly some reality to it: the Retail TouchPoints 2023 StoreOperations Benchmark Survey of retailers themselves revealed that “reducing theft/shrink” was a top store-level workforce management challenge for 46% of respondents, second only to the 53% citing employee training and empowerment.
” With the initial phase focusing on optimizing in-storeoperations and customer experience, CAPRI GROUP plans to expand the iD Cloud implementation to LossPrevention and Supply Chain solutions, ensuring a comprehensive approach to retail innovation.
Sean Bush Read more of Sean's published works here: How to Protect Customers And Stores from Organized Retail Crime Streamlined In-Store Communication Battling LossPrevention The Power of Proficiency, Productivity, and Profitability Enhancing Customer Experiences Through Improved Connections Generative AI for In-StoreOperations Retailers Must Adapt (..)
We organize all of the trending information in your field so you don't have to. Join 40,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content