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Combating Retail Shrink with AI: Two Case Studies

Whether you are an AI skeptic or an enthusiast, these real-life scenarios illustrate the impact of AI and IoT and demonstrate ways for the retail industry to reimagine their loss prevention strategies with advanced technologies.
point-of-sale systems

The Dramatic Metamorphosis of Point-of-Sale Systems

In a study presented at a 2017 conference on business innovations, mobile self-checkout solutions were found to provide a more time efficient shopping experience, particularly when stores are crowded.

Retailers Are Enamored with Technology. But Do Customers Love It?

A recent survey reveals that 79 percent of retail executives believe that artificial intelligence and virtual reality technologies could increase sales, but only 14 percent of customers thought that technology would impact their shopping decisions.

Retail Industry Leaders Association Launches “September is for (R)Tech”

The Retail Industry Leaders Association recently kicked off its month-long initiative “September is for (R)Tech.” Throughout the month, RILA will showcase news, initiatives and...
women in loss prevention

Women of Loss Prevention

As we reported in our recent May-June edition, the Women of Loss Prevention survey, sponsored by Tyco Retail Solutions and Protos Security, offered a...

RILA Announces First-Ever (R)Tech Global Retail Challenge

The Retail Industry Leaders Association (RILA) recently announced its first-ever (R)Tech Global Retail Challenge in partnership with the Bensadoun School of Retail Management at...

Many Say the Brick-and-Mortar Retail Industry Is Dying. Here’s Why They’re Wrong.

When I was growing up in retail, the word was that "department stores are dying. That was in the early 1980s. Then came the...

APPLY: Retail Loss Challenge Competition Looking for Innovative Solutions

A global competition to find the hottest startups and innovative companies with scalable solutions to tackle retail loss and improve the customer experience is now accepting applications.
point-of-sale systems

20 Years On: The Dramatic Metamorphosis of Point-of-Sale Systems

Emerging point-of-sale systems technology, including self-checkout, was on full display at the annual National Retail Federation (NRF) conference in January. Among the companies showcasing...

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