Retail TouchPoints

APRIL 30, 2025

Retail chains across the country have even reported missing quarterly earnings expectations due to inventory shrinkage, highlighting a crisis that affects businesses of all sizes. For businesses managing substantial inventory, gates and grilles play a crucial role in loss prevention. In 2023, U.S. retailers lost a staggering $121.6

Shrinkage 147

Shrinkage Loss Prevention Accounting Management 147

Retail TouchPoints

JULY 18, 2024

For example, if your stores don’t have reliable network connections, it’s a good idea to seek out technology that operates in offline mode with no loss of efficiency. Ideally, these apps also should contribute to a better in-store shopper experience. in an interview with Retail TouchPoints.

Customer Experience 278

Customer Experience Kiosk Shrinkage Shipping 278

I Vend

FEBRUARY 6, 2023

iVend Retail Inventory Management Inventory management drives store efficiency and customer experience. Read about iVend’s smart retail technology for inventory management. Inventory management systems give retailers visibility of all their stock, wherever it is.

Inventory Management 98

Inventory Management Management Shrinkage Returns 98

Retail TouchPoints

FEBRUARY 21, 2023

5G can reduce wasted time and prevent inventory shrinkage, providing retailers with cost savings. A pallet of goods can be tracked from departure at the manufacturing site through transit to the store. 5G-enabled tools can allow for order picking and inventory management.

Sporting Goods 264

Sporting Goods Payment Services Point of Sale Shrinkage 264

Retail TouchPoints

NOVEMBER 7, 2023

What’s more, these scenarios are also becoming more blatant in recent months as fraudsters have raided and ransacked department stores. The same retail security survey from NRF found that most retailers experience a shrinkage rate of around 1.4%, which is most often attributed to shoplifting, employee theft and ORC.

Loss Prevention 297

Loss Prevention Shrinkage Returns Payment Services 297

Retail TouchPoints

AUGUST 4, 2023

While airports are “public spaces” and micro markets have traditionally been in “closed environments,” the risk of shrinkage outweighs the cost of employee overhead, and since people have already been through security this provides a perception of oversight. The inventory management features also help operators track any theft.

Payment Services 246

Payment Services Kiosk Marketing Inventory Management 246

RETAIL MANAGEMENT SOFTWARE

JULY 29, 2024

Retail executives, supported by finance and innovation teams, must pinpoint operational inefficiencies that can be mitigated through technology. Top-performing teams: Pinpoint-Specific Problems: Retailers often face significant inefficiencies in pricing & promotion execution and managing stocks.

Inventory Management 111

Inventory Management Shrinkage Promotions Store Operations 111