shrink

Despite Recent Bad Press, Self-Checkout is Here to Stay. Here’s Why.

This is the first part of our two-part series, “From Self-Checkout to Just Walk Out: A Look at Autonomous Retail Experiences.” In…

AI Isn’t Going Anywhere: How Retailers Plan to Deploy the Tech in 2024

Artificial intelligence dominated headlines and water cooler conversations in 2023, and 2024 is looking to be no different (if the conversations and…

Citing Theft and Safety Issues, Target Closes 9 Stores in 4 States

Target will close nine stores in four cities on Oct. 21, 2023, saying theft and organized retail crime are threatening the safety…

Q1 Results: Walmart, Target Lean on Groceries as Discretionary Spending Declines in Early 2023

Walmart and Target both navigated the uncertain currents of first fiscal quarter of 2023, but their differing results point to still more…

2017 Shrink Cost U.S. Retailers $42.49 Billion, 1.85% Of Sales

Global retail shrink led to losses of $99.56 billion in calendar 2017, according to the Sensormatic Global Shrink Index compiled by Tyco…

You’d Better Watch Out: How To Avoid Holiday Retail Risks

The holidays are supposed to be a happy time. Kids get presents; families come together; and retailers enjoy their most significant sales…

Small Solutions Can Mean Big Business For Retail

The bigger the business, the bigger the security system, right? Wrong. There’s been a long-standing misconception that large-scale retailers need large-scale surveillance…

The Earlier, The Better: 6 Holiday Loss Prevention Tips You Can Implement Today

Shrink is a constant threat to retailers, but the holidays bring a whole new set of challenges. Between the massive amount of…

Shrink As Percentage Of Sales Climbs 50% In 2015

The combination of a still-slow world economy straining consumers’ buying power, along with decreased spending by retailers on loss prevention, has led…

Retail Theft Barometer Finds Shrink Exceeds $112 Billion Worldwide

Shrink remains a significant operational challenge for retailers around the world, with loss rates ranging from 1% of sales in Japan to…

Family Dollar Seeks Shrink Reduction With Checkpoint EAS

Comprehensive loss prevention strategies can help U.S. retailers combat the $54 billion they lose to shrink each year. Family Dollar Stores, a…

Weis Markets Deploys Predictive Analytics From Profitect

Weis Markets today announced the chain-wide deployment of Profit Amplification, a predictive analytics solution from Profitect. By implementing Profit Amplification in all…

Get ready for the holidays with the Holiday ThinkTank! Find must-read articles, webinars, videos, and expert tips on everything from trends to marketing, in-store ideas, ecomm, fulfillment, and customer service. It’s all free and available anytime—so you can plan, prep, and win the season your way.