Agilence Blog.

When will Retail Recover? Post-Pandemic Consumer Trends and Tips for ...

  • Brian Brinkmann
  • 06.17.2021
  • Blog
In conjunction with IHL Group, Agilence conducted a Global Consumer Study on spending trends for the retail sector. Below are insights that retailers need to know. `  Households earning less than $50,000 received the worst blow from the pandemic, with over 25% of having at least one member on ...


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The Rising Threat of Contactless Payment Fraud

  • Pedro Ramos
  • 06.03.2021
  • Blog
Merchants and customers want the same thing – a frictionless payment experience. Everyone from Walmart to city governments and local merchants are making it easier to tap, pay, and go. While these transactions are safer than traditional POS payments, it hasn’t stopped hackers from using new fraud ...


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Are Stacked Discounts Costing your Retail Business Millions in Profit?

  • Keneavy Krenzin
  • 05.27.2021
  • Blog
Retailers know that discounts drive sales but, when used incorrectly, they can also contribute to loss. Savvy shoppers know that stacking discounts in the form of coupons or weekly deals will save them money, sometimes bringing the price below even the retailer’s cost of goods.


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How to Determine if Employees are Skimming Cash

  • Martin Murphy
  • 05.20.2021
  • Blog
Cash is king when it comes to employee theft. Cash skimming is one of the most common forms of employee theft, also known as internal theft, for both retail and restaurant businesses. It can occur anywhere money is received by the business and is extremely difficult to identify because there is ...


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What's your Real Return Rate? Calculating Omnichannel Returns and ...

  • Keneavy Krenzin
  • 05.06.2021
  • Blog
Online orders, curbside pickup, BOPIS, and other omnichannel models have redefined how customers can purchase products. Just as the definition of “purchase” is changing, so is the definition of “return”. Here are a few return definitions to keep in mind.


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Which Skills do Retail Business Analytics Professionals Need?

  • Corey Adams
  • 04.29.2021
  • Blog
Until recently, retailers used gut-feel, group consensus, or what they thought would help make important product and sales decisions. In short, they did what was best for them, not the customer.


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5 Loss Prevention Tips for Small to Mid-Sized Retailers

  • Pedro Ramos
  • 04.22.2021
  • Blog
It has been a challenging year for small to mid-sized retailers. To stay in business, they will need the focus, drive, and right tools to maximize profitability by managing losses. The 2020 National Retail Security Survey by the National Retail Federation reported on the top retail loss ...


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The Evolution of Retail Store Operations

  • Brian Donnelly
  • 04.15.2021
  • Blog
Until recently, most retail customers still purchased items the same way they have done for over 100 years. They went to the store, made a purchase, and brought it home. While online shopping, BOPIS, and other innovations emerged in recent years, these alternative shopping options did not represent ...


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Putting the “Quick” in QSR: 4 Tips for Improving QSR Speed of Service

  • Laura Johnson
  • 04.08.2021
  • Blog
They call it a Quick Serve Restaurant for a reason. Customers enjoy great food, fast transactions, and speedy service from your restaurant. Your goal is to make the experience efficient and enjoyable so customers can get on with their busy lives. What can you do to make sure they have a pleasurable ...


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Maximizing On-Shelf Availability: LP’s Role in Avoiding Out-of-Stocks

  • Keneavy Krenzin
  • 04.01.2021
  • Blog
Inventory keeps revenue flowing. Making sure that the right product is on the right shelf at the right time is critical, yet the problem of on-shelf availability is as prevalent as ever. Maintaining the balance between excess inventory and running out of inventory is a perpetual problem for ...


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