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Fred Hand, who has deep experience with discount and department store brands, is now overseeing the retailer’s 1,100+ stores, store operations and experience, lossprevention and store experience and design functions. Kohl’s has hired a new Senior EVP and Director of Stores to help improve brick-and-mortar sales and productivity.
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.
Richardson will serve on the Executive Committee and have responsibility for all aspects of the finance organization, including enterprise analytics, strategy, real estate, risk management and lossprevention. The post Former Neiman Marcus CFO Joins Tailored Brands appeared first on VisualMerchandising and Store Design.
Packaging can also contribute to lossprevention strategies by incorporating security seals or tamper-evident features. Material Considerations The selection of materials for retail packaging is crucial, balancing visual appeal and functionality.
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.
The post Target Cuts Operating Hours in San Francisco appeared first on VisualMerchandising and Store Design. Rachel Michelin, President of the California Retailers Association, says drastic measures have to be taken by retailers, such as cutting hours, especially when store employees don’t feel safe coming to work.
The recently published 2021 NRF Retail Security Survey revealed that almost 7 in 10 (69%) retail lossprevention and asset protection professionals said the pandemic has resulted in an increase in overall risk for their organization. Send your press releases to VMSD at vmsd.com. Learn about our submission guidelines.
The post Organized Retail Crime Is Rising — How Lawmakers Are Fighting Back appeared first on VisualMerchandising and Store Design. They hide behind bogus business information and fake screen names, and so it’s just a growing threat that’s impacting retailers of all sizes.” ” Read more at AZFamily.com.
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. W ITH THE WORLD adjusting to Covid a few years later as less of a threat and more a part of everyday life, retailers sought to return to business as usual. INFLATION ON.
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.
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.
Responsibilities will include shoplifting prevention along with administrative duties and recommendations on theft deterrence. The post Hy-Vee to Deploy Armed Security Officers appeared first on VisualMerchandising and Store Design.
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