If you’re debating a technology change because of underperformance, end of life, cybersecurity concerns, or availability, the first decision you’ll need to make is choosing the right platform.
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.
Understanding how to calculate shrinkage in retail is important. However, understanding why it is important to control these results and how we can impact company profitability by both improving sales and controlling retail shrinkage is the key to success.
Retail LP departments are finding RFID technology invaluable for identifying causes of stock loss and paving the path to smarter protection.
Your data tells an incredibly powerful story. Are you listening? Do you have the tools needed to break through the noise and hear what is truly important?
The Spur Tag’s innovative design wrangles boot shrink without damaging the product, and allows the customer to try on the boot free of obstruction.
The concept of shrink isn’t new, but the problem is growing — and so are the obstacles to preventing it.
The Sherpa Tag is the only proven tumbler solution, already deployed nationwide at major retailers. The patented design utilizes 4-Alarm technology to stop even the most brazen shoplifters.
CONTROLTEK, a leading provider of loss prevention and asset protection solutions, has recently launched its new RFID management software, CONTROLSPAN, for real-time item-level visibility and asset tracking of the retail store.
Appriss Retail, a provider of retail customer experience solutions, is now offering North American retailers a new tool to drive topline and bottom-line growth while controlling shrink.