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Retail (2)

laptop-in-retail-store
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...
LP Statistics
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...
Margin loss of digital journeys
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
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 ...
Retail Labor Optimization
How to Survive the Retail Labor Shortage
Retailers are facing more labor and stock challenges than ever. As stores continue to monitor the supply chain to keep store ...
Loss Prevention as Data Experts? Supporting Total Retail Loss
In the past, companies depended on LP to have a keen eye for theft and behavior patterns. LP professionals are seasoned data ...
uncover-operational-shrink
How Retailers can Uncover Operational Shrink Impacting Profit Margins
Operational shrink, including losses caused by systemic issues and poor promotion execution, is more common and costly than f...

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