Tag: retail

In this episode of LPM's Inside Scoop Podcast, we hear more about applications to help LP (and other retail teams) become more efficient and solve problems quickly.

The LPRC asked retailers how problematic retail violence is in the states they serve. Find out where each states rank in this LPM exclusive.

Read how AI is helping retailers reduce shrink at checkout by identifying both intentional theft and honest mistakes, improving efficiency, and delivering measurable ROI.

The research shows that total merchandise returns for the year reached $685 billion, representing 13.21% of total retail sales, which amounted to $5.19 trillion in 2024.

This year, Visa’s preliminary insights indicate that the overall holiday retail spend in the US increased 4.8% year over year.

Is another retail apocalypse for physical stores on the horizon? What are the latest growth forecasts for global retail in 2025? Tony D'Onofrio shares his predictions.

Retailers reported a 93 percent increase in the average number of shoplifting incidents per year in 2023 versus 2019 and a 90 percent increase in dollars lost due to shoplifting over the same time period, according to a new study released by the NRF.

The Loss Prevention Research Council asked LP professionals which aspects of the job cause the most stress in their latest ORC Across the States Survey.

ORC costs retail businesses an average of $244,509 per case, the highest the case value has been in over eight years.

Strong results during the third quarter and continued growth in key economic data since then have set the stage for a solid holiday season, according to National Retail Federation Chief Economist Jack Kleinhenz.