Tom Meehan, CFI, is retail technology editor for LP Magazine as well as CEO of CONTROLTEK. Previously, Meehan was director of technology and investigations with Bloomingdale’s, where he was responsible for physical security, internal investigations, systems and data analytics. He currently serves as the chair of the Loss Prevention Research Council's (LPRC) innovations working group. Meehan is a published author of his book titled Evolution of Retail Asset Protection: Protecting Your Profit in a Digital Age. He can be reached at TomM@Losspreventionmedia.com.
In this article by Tom Meehan, explore how AI is being used today, how it is already present in so many areas of modern life, and how we can optimize it for our own purposes.
Data marketers aren’t just using your location to help you find the nearest restaurants or gas stations. They’re tracking your movements from the moment you wake up and using that data to form a profile of you.
The PESTEL (political, economic, socio-cultural, technological, environmental, and legal) analysis method was created by Francis Aguilar, a professor at Harvard Business School in 1967.
Much has been written and said about the dramatic changes in commerce, and society generally, from Industry 4.0. These developments are undeniable, and their impact is especially pronounced in the retail sector.
One of the hazards that retailers must contend with today is geopolitical risk, which has emerged as a critical factor in shaping the global business landscape.
Download this 34-page special report from Loss Prevention Magazine about types and frequency of violent incidents, impacts on employees and customers, effectiveness of tools and training, and much more.