Tag: point of sale


Why It’s Critical to Use Retail Traffic Counters

Why It’s Critical to Use Retail Traffic Counters

While formal industry penetration data on retail traffic counters are hard to come by, a quick stroll through any mall will reveal that more major retailers track traffic today than those who do not. Part of the reason that retail traffic counting is becoming so ubiquitous is because the insights   Read More


15 Best Practices for Inventory Loss Prevention

15 Best Practices for Inventory Loss Prevention

In April 2014, the ECR Europe Shrink and On-shelf Availability Group received a special award from ECR Europe to celebrate 15 years of the group and the delivery of an estimated €1.5 billion (~ $1.6 billion) in savings for the industry.

As Sir Terry Leahy, former CEO of Tesco, once said   Read More


Six Steps to Calculate ROI for New RFID Solutions

Six Steps to Calculate ROI for New RFID Solutions

With appropriate RFID solutions, store associates can easily restock merchandise on the sales floor, replenish out-of-stock items, improve inventory accuracy at the point of sale, and process returns efficiently to make them available for resale. The technology helps retailers ensure merchandise availability in store, as it provides clear visibility on   Read More


The 11 Habits of Low-Inventory Shrink Retailers

The 11 Habits of Low-Inventory Shrink Retailers

In his bestselling book, The 7 Habits of Highly Effective People, Stephen Covey presented a holistic, principle-based approach for solving personal and professional problems. This got the ECR team thinking, what if for “highly effective people,” we read “low-inventory shrink retailers”? What then would be the habits of low- shrink   Read More


The ROI for RFID Technology in Retail

The ROI for RFID Technology in Retail

Over recent years, we’ve witnessed a resurgence of interest and substantial growth in the use of radio frequency identification (RFID) technology in retail—a veritable RFID Renaissance—with well over a billion tags used this year, not just in apparel, but for other categories and uses as well. It is being used   Read More


What Is Loss Prevention Today?

What Is Loss Prevention Today?

EDITOR’S NOTE: This interview is with three long-time loss prevention industry veterans. One is a retailer, one is a solutions provider, and one started on the retail side before starting his own company offering loss prevention solutions. We’ve chosen to not identify the individuals in order to allow them to   Read More


Closing a Retail Store: Loss Prevention’s Role

Closing a Retail Store: Loss Prevention’s Role

Senior loss prevention executives throughout retail are coming to grips with a new entry into the field of promotional sale events—the all-too-frequent store-closing sale.

It is no longer a rarity that LP managers are called upon to design and implement shrink-control programs that protect inventories throughout the process of closing a retail store. Often, a   Read More


Understand Your POS Features and Limitations

Understand Your POS Features and Limitations

Data is the future of the loss prevention and asset protection industry. A single data-friendly LP professional can both identify and address leading indicators of loss for a significant grouping of stores, with no need for airfare, travel, or company car. Identification and correction of these leading indicators driven by   Read More