It seems increasingly clear that innovation is the difference maker in today’s great retail shakeout. Success—and perhaps even survival—rests squarely upon it. But innovation in today’s world of retail is not a singular thing. One requirement is custom configuration of the business tools that retailers use to drive their businesses forward.
Cash logistics and visibility is critical to business. Packages sent to your home are tracked efficiently, so you know exactly where and how they move. Shouldn’t it be possible to track your money the same as your packages? Significant changes to cash handling are in the works.
Analytics has always been a critical aspect of loss prevention and retail. We could never survive as businesses—or as professionals—without the use of analytics. Yet while the use of data analytics has made huge strides with the help of today’s technology, we can never afford to lose sight of just how important it is to everything that we do.
It will take time for traditional industries like retail to weigh the benefits and challenges of cryptocurrency. In the end, if retailers want to win over the 7.1 million active bitcoin users, they will have to take steps on their own to accommodate these consumers.
Zebra Technologies announced easy-to-deploy, cost-effective solutions to streamline retailers’ operations from front-of-store to the warehouse. In today’s on-demand economy, these solutions help retailers improve...
"Let me get this straight. You’re asking us to spend over $3 on a tag with a scary warning label and glass vials filled with indelible dye. If a shoplifter tries to remove it without the right detacher, the vials will explode, and the dye will ruin the garment. You’ve got to be kidding!” LP executive [circa 1990]
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.