Technology

Asset protection teams often take the lead in building a business case and pushing for new or upgraded technology solutions inside the retail enterprise. Numerous things should be considered in order to successfully navigate the corporate capital funding process.

LPM interviewed more than one dozen retail security consultants, industry leaders, and LP executives and asked what they think about different security tools and strategies to prevent after-hours store break-ins. Their responses focused on 7 tactics retailers should consider.

"We proved-out that the technology works phenomenally well. The technology is great." This effusive praise by an LP executive who oversaw a several-store test...

Many online retailers accept cryptocurrency as a form of payment, and even brick-and-mortar stores and restaurants advertise that they accept cryptocurrency. But despite its widespread popularity, cryptocurrency has almost no regulation.

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.

As violent retail robberies go, it was fairly typical. Three individuals entered a Memphis, Tennessee, pawn shop in June and robbed it, making off...

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]