Retail (2)
AI in Retail Part 1: What is AI and How Will It Impact Retail in the 2020s?
Since the release of OpenAI’s ChatGPT in late 2022, artificial intelligence (AI) has become one of the hottest topics for bus...
Webinar Recap - Retail's Digital Journey: How Winning Retailers Are Controlling Shrink and Thriving
In our recent webinar, Retail’s Digital Journey: How Winning Retailers are Controlling Shrink and Thriving, Greg Buzek of IHL...
The Real Impact of Rising Felony Shoplifting Thresholds on Retail
You’ve seen the pictures of brazen thefts in retail stores, from violent flash mobs to the Walgreens’ bike-riding shoplifter....
Where Winning Retailers are Spending
As retailers regain momentum in a post-COVID environment, winning retailers now take a hard look at the bottom line. What inv...
Loss Prevention Stats and Facts Every Retailer Should Know in 2022
With the welcome influx of in-store customers and growing sales volume, retails still need to keep a watchful eye on loss pre...
The Hidden Margin Loss of Digital and Omnichannel Retail
The pandemic caused a dramatic shift in how consumers shop, including the rapid adoption of in-store shopping, BOPIS, curbsid...
Retail Security Tips to Keep Customers and Staff Safe in Uncertain Times
Retail sales are up, but so are security concerns. As consumers continue to visit brick-and-mortar stores, retailers must add...
Why do Employees Steal? How to Minimize Opportunity and Motive
Unfortunately, dishonest associates impact the bottom line of nearly every business. Investigating and terminating an employe...
Retail Shrink and the Complexities of Known and Unknown Loss in 2022
Retailers have long struggled to minimize shrink. The term itself has been around for more than 150 years, but in that time, ...
Operations and Loss Prevention: Working Together to Reduce Shrink
While often thought of as two separate teams, retail operations and loss prevention (or asset protection) teams have signific...
How to Reduce Shrink by Flagging Sales Reducing Activities
As retailers search for new ways to engage with customers, they are also seeking new ways to detect formerly hidden losses. T...
Click-and-Collect Loss Prevention Best Practices
Buy Online Pickup In-Store (BOPIS), curbside pickup, and automated lockers make it convenient for customers to get what they ...Subscribe to our blog
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