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Retail (7)
Is BOPIS Here to Stay? The Pros and Cons of "Click & Collect"
One of the biggest themes at this year’s NRF Big Show was the rapidly growing popularity of “Buy Online, Pickup in Store" (BO...
The Rise of Business Intelligence in Convenience Stores
The convenience industry’s profit margins aren’t what they used to be. They can range from pennies on a fuel transaction to m...
The Unexpected Way Retail Discounts Could be Hurting Margins
Discounting retail products through promotions and loyalty/rewards programs are one of the most common and effective ways to ...
Battling America's Opioid Epidemic with Pharmacy Data Analytics
The scope of America’s opioid epidemic is staggering, costing the US economy an estimated $78.5 billion a year and tragically...
The Role of Data in the Digital Transformation of C-Stores
Consistent technological advancements have disrupted nearly every industry. Within just a few years, the term digital transfo...
Gas Stations Using Data Analytics To Predict & Track Sales
Running a successful gas station as a sole operation or as an extension to a grocery or convenience chain means juggling nume...
3 Easy Ways to Improve Sales and Profits
As we near the holiday season, businesses everywhere are ordering inventory, stocking the shelves, and hiring seasonal staff ...
Are E-Receipts Safe?
Asking if we want a paper copy of our receipt is becoming the norm when we visit our favorite retailers and restaurants. Our ...
A Check Kiting Kingdom Comes Crashing Down
Lately, we’ve been writing about retailers and restaurateurs contending with activities impacting profits such as losses from...
Turning Sweethearts into Productive Employees
Lately, we’ve been writing about some of the most common types of employee theft, as a part of our loss prevention education ...
5 Tips to Upsell for Profit
We’ve all been asked the closing questions as we conclude a purchase. Do you need socks to go with the new sneakers? Would yo...
'Building a Bank:' Reduce Losses by Preventing Internal Fraud & Theft
Theft and fraud in retail and restaurants is widely considered a cost of doing business. Internal fraud and organized theft l...Subscribe to our blog
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