Ask the Expert: Controlling Grocery Shrink
The 2020 National Retail Security Survey revealed shrink was at an all-time high, accounting for 1.62 percent of a retailer’s bottom line, costing the industry $61.7 billion.
Ask the Expert: Four Key Control Best Practices
Key control can be a complicated balancing act due to managing many moving parts and pieces while also keeping stakeholders happy.
Ask the Expert: Is Security Glass Worth It?
Asset protection and loss prevention teams can sometimes have an uphill battle when advocating for security glass upgrades on storefronts.
How to Choose the Right Loss Prevention Solutions Provider
Retailers need a solutions provider who takes the time to learn all about the client’s business in order to recommend a solution to reach its specific goals.
One Year Later
After a year of responding to the COVID-19 pandemic, retailers have had to change or enhance their use of technologies to meet evolving consumer needs.
Acting as One during the Pandemic
The role solutions providers played in 2020 changed immediately when the world locked down this spring.
Supportive Coaching Reduces Shrink and Adds to the Bottom Line
Poor cashier habits and untargeted training cause inefficiency and loss at the front of the store and create noise in the analytics channel.
How Retailers Can Use Computer Vision to Adapt to Changing Times
One widely discussed technologies is artificial intelligence and one of the forms of AI most easily applicable to the retail environment is computer vision.
Key Control Should Control Access and Costs
With all the programs that loss prevention is responsible for, key systems tend to be a forgotten or overlooked asset that can cost retailers more than they expect.
Ask the Expert: BORIS, BOPIS, and Risk
Retailers who have offered “buy online, pickup in store” (BOPIS) and “buy online, return in store” (BORIS) are looking for ways to continue to improve their customer experience through better processes. Retailers who are just venturing into these waters are wise to learn about new best practices.