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Retail (4)

skills every business analytics professional needs
Which Skills do Retail Business Analytics Professionals Need?
Until recently, retailers used gut-feel, group consensus, or what they thought would help make important product and sales de...
open sign
5 Loss Prevention Tips for Small to Mid-Sized Retailers
It has been a challenging year for small to mid-sized retailers. To stay in business, they will need the focus, drive, and ri...
The Evolution of Retail Store Operations
Until recently, most retail customers still purchased items the same way they have done for over 100 years. They went to the ...
out of stocks empty shelves
Maximizing On-Shelf Availability: LP’s Role in Avoiding Out-of-Stocks
Inventory keeps revenue flowing. Making sure that the right product is on the right shelf at the right time is critical, yet ...
e-commerce fraud
E-Commerce Fraud is on the Rise: Here’s How Retailers Can Fight Back
With the pandemic spurring online shopping adoption, digital retail has never been more popular. E-commerce sites have become...
How to Conquer Discount Fraud
Discounts provide many benefits to not only customers, but to retailers as well. From employee to military discounts, they al...
Total Retail Loss
Tackling Total Retail Loss: A New View on Loss Prevention
For the last 100 years, retailers have used the term “shrink” to indicate the difference between what is on the shelf as comp...
omnichannel retail concerns 2021
The Top 7 Concerns for Omnichannel Retailers in 2021
After a tumultuous 2020, retailers are looking to regroup in 2021, doubling down on important trends that are proving to deli...
Building an Effective Case to Combat ORC
Unfortunately, retailers are well acquainted with the concept of shoplifting – items stolen from a store usually for personal...
Five Retail Holiday Shopping Predictions for 2020
2020 has been a year of unknowns and the fast-approaching holiday season is no different. Thanks to COVID-19, retail doesn’t ...
How to Identify and Reduce Self-Checkout Theft and Fraud
Nearly every major retail grocery brand now has self-checkout as a self-service alternative to traditional cashier-staffed ch...
Four Steps to Creating Profitable Retail Promotions
Discounts and promotions have become more important than ever for retailers trying to bounce back after a year of trials and ...

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