At a time when store margins are under intense competitive pressure, retail shrink can make or break a retailer’s bottom line. But today’s retail shrink numbers are vulnerable to blind spots and imprecise metrics. In addition, most analysis and response to retail shrink are backward-looking: useful for staffing and long-term Read More
Tag: pos in retail
USS has recently unveiled their latest development to combat apparel return fraud, the Disposable Anti-Wardrobing Tag.
Wardrobing, a form of retail return fraud and shoplifting, is a practice used by customers through which a high value article of clothing is purchased with the intent of wearing it for one, or few, Read More
A question frequently asked by retail customers—and even some loss prevention professionals just getting started in their careers—involves many of the smaller stores where they shop, and how shoplifting and other retail shrink concerns are managed in retail stores with no loss prevention team.
First, few retail companies actually attempt to Read More
By John Wilson
While the new “anti-establishment” world is rejecting globalization, will retail CCTV technology integration provide the panacea to retail risks? The world may continue to spin on its axis, but it is rapidly changing politically and economically with a new anti-establishment agenda and narrative rejecting globalization in an attempt to preserve Read More
By Dan Faketty
One question I have been asked frequently is, “How did you know how to battle retail shrink in the grocery business, especially considering your background is predominantly in discount retail?” My response to that question is almost always the same, which is: “I follow the loss prevention road map.” Often Read More
In the mature and highly competitive retail sector, ensuring that the right product is on the right shelf at the right time is critical. Yet the problem of shelf out-of-stocks (OOS) remains as stubborn as ever. Could the loss prevention team be the key to unlocking this new sales opportunity?
This Read More
VideoEdge 1U Network Video Recorder Offers Versatile Camera Management for Small to Medium Businesses
Johnson Controls has recently introduced the VideoEdge 1U Network Video Recorder from American Dynamics, reportedly an ideal camera management solution when simple, low-cost installations and scalable video storage capacity is a priority. The VideoEdge 1U NVR’s 16 embedded software configurable Power over Ethernet ports reportedly help small- to medium-sized businesses Read More
March Networks and EZUniverse Announce Strategic Partnership and Launch of New Cloud-Based Video and Retail Data Analytics Service for QSRs
March Networks® and EZUniverse® recently announced a strategic partnership and the launch of a new cloud-based video and retail data analytics service for the quick-service restaurant (QSR) and fast casual market.
March Networks Searchlight™ for QSR powered by 360iQ combines March Networks’ enterprise video solutions with 360iQ, the cloud-based data analytics Read More
By Mark Ryski
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
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