By Luke Vander Linden, Vice President, Membership and Marketing, Retail & Hospitality ISAC In the retail industry, the escalation of online transactions and digital customer interactions has magnified the importance of cybersecurity. Retail operations, which often hold vast amounts of …
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Like a dull headache, retail shrink has always been an unfortunate reality of running a retail business. But for some retailers lately, that ache has grown into a splitting migraine. Anecdotal evidence suggests shoplifters in some areas are growing bolder, …
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As technology advances, there is an ever-increasing array of tools available to help you deter and detect theft at your retail operation. Understanding your options and making sure you’re using the solutions that make sense for your business is key …
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Retailers have been focused on efforts to mitigate returns, as total returns for the industry amounted to $743 billion in 2023, a return rate of 14.5%, according to a report released by the National Retail Federation (NRF) and Appriss Retail. …
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With headline after headline warning of the rapid increase of retail theft and other related crimes, retailers have been working toward mitigating the negative impacts of these crimes on their operations and their bottom lines. While it’s clear how retail …
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According to a recent survey by Coresight Research, retail shrink is getting the attention of consumers, with 26% of respondents indicating they would shop elsewhere if their local store began locking items up. Additionally, 75% of consumers are moderately to extremely …
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Total Retail, which provides retail executives with the latest news and analysis on the retail industry, conducted a survey of its audience to gain insights into how companies are using technology and how they plan to allocate future technology spending …
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Costing businesses money and peace of mind, shrink takes a toll on the retail industry, especially on independently owned and small- and medium-sized businesses. The National Retail Federation’s (NRF) National Retail Security Survey 2022 discovered retail shrink, which includes organized …
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