Shrinkage

Retailer Concerns About Organized Crime Escalate Amid Ongoing Losses
Retailer Concerns About Organized Crime Escalate Amid Ongoing Losses
March 18, 2024  |  Retail

As retailers face ongoing margin pressures from a difficult economic environment, many are growing increasingly concerned about the losses they may be accruing from theft...

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Home Depot Adds Security Measures, Remains Committed to High-Theft Locations
Home Depot Adds Security Measures, Remains Committed to High-Theft Locations
March 15, 2024  |  Retail

Despite rampant retail theft forcing many retailers to close their doors, Home Depot has reportedly reaffirmed its commitment to major U.S. cities such as Detroit, Philadelphia...

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Dollar General Reduces Self-Checkout Options to Increase Engagement, Decrease Shrink
Dollar General Reduces Self-Checkout Options to Increase Engagement, Decrease Shrink
March 14, 2024  |  Retail

Dollar General is cutting back on its offering of self-checkout options, saying it is doing so to improve the customer experience and to reduce inventory shrink....

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Diebold Nixdorf Adds AI Tool to Combat Self-Checkout Shrinkage
Diebold Nixdorf Adds AI Tool to Combat Self-Checkout Shrinkage
January 18, 2024  |  Retail

Diebold Nixdorf, a provider of retail solutions, is launching a new artificial intelligence (AI)-based checkout solution to combat shrinkage in the retail industry.  The new Vynamic...

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Target’s New Strategy? Locking Up Essentials, Letting Luxury Loose
Target’s New Strategy? Locking Up Essentials, Letting Luxury Loose
October 09, 2023  |  Retail

Why do so many shoppers like Target or Walmart? For some, it’s considered a nearby oasis that offers affordable prices on a diverse range of...

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Locking Up Retail Items Doesn’t Always Stop Theft, and It’s a Worldwide Worry
Locking Up Retail Items Doesn’t Always Stop Theft, and It’s a Worldwide Worry
October 03, 2023  |  Retail

Retail crime isn’t solely affecting the United States; it’s also a burgeoning concern on the other side of the Atlantic.  On Sunday (Oct 1), 88...

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As Target Closes Stores, H&M Looks to Tech to Stop Retail Theft 
As Target Closes Stores, H&M Looks to Tech to Stop Retail Theft 
October 02, 2023  |  Retail

The intersection of technology, social dynamics and economic factors has created an environment where theft — both individual and organized — has proliferated. And H&M...

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Skims Plans Global Expansion With Inaugural Flagship Stores Amid Retail Challenges 
Skims Plans Global Expansion With Inaugural Flagship Stores Amid Retail Challenges 
June 29, 2023  |  Retail

Skims, a brand created by Kim Kardashian that specializes in underwear, loungewear and shapewear, is gearing up to establish its inaugural permanent stores in the...

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Ulta Beauty Reports Strong Sales Growth Despite Dealing With Retail Theft  
Ulta Beauty Reports Strong Sales Growth Despite Dealing With Retail Theft  
May 26, 2023  |  Retail

Ulta Beauty CEO Dave Kimbell shared the company’s first-quarter results on Thursday (May 25), highlighting a 12.3% increase in sales compared to the previous year....

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