Inventory keeps retailers in business. Inventory keeps consumers loyal to their preferred to merchants. Inventory makes impulse buying possible and keeps sales flowing. Inventory has also, for a long time, been a bit of a hit-or-miss proposition — merchants might have too much stock on...
As retail pharmacies like Walgreens move toward ending product lockdowns, the decision reflects a change in consumer behavior and a response to rising security concerns. During the company’s Q1 2025 earnings call, Walgreens CEO Tim Wentworth told analysts that locking up products to stem shoplifting has...
A spate of recent enforcement decisions from the FDIC underscores risks that banks face — external as well as internal ones, where employees have allegedly leveraged vulnerabilities from the inside. The decisions, accessible here, construct a theme, as officers and workers, named in the actions...
As consumers grow tired of retailers’ increasing utilization of locked display cases, cable ties and electronic tags, many are switching to digital channels to eliminate this major friction point, Amazon CEO Andy Jassy noted. On the eCommerce giant’s earnings call Thursday (Aug. 1), Jassy spoke...
April 08, 2025
Inventory keeps retailers in business. Inventory keeps consumers loyal to their preferred to merchants. Inventory makes impulse buying possible and keeps sales flowing. Inventory has also, for a long time, been a bit of a hit-or-miss proposition — merchants might have too much stock on hand, languishing on shelves, ripe for markdowns. Or there might […]
July 19, 2017
The connected car future is more or less becoming the connected car present, and with that changeover, cars are becoming more than they ever have been before. The next iteration...
June 22, 2017
While we tend to associate high-tech fraud with eCommerce thieves, as it turns out, it’s a big ecosystem with room enough for good old-fashioned, smash-and-grab types ready to snatch your...
May 09, 2025
Criminals are reportedly exploiting supply chain technology to steal truckloads of products. They are using online platforms to facilitate “strategic theft,” a form of cargo theft in which fraudsters impersonate legitimate companies, book shipments and trick shippers, brokers or carriers into delivering cargo and/or payments to them instead of the legitimate companies, CNBC reported Friday (May 9). Strategic theft contributed […]
July 24, 2024
Shoplifting surged by 30% in England and Wales over the last year, a government agency reported Wednesday (July 24). Leaders of a retail trade union and a convenience store trade...
June 28, 2024
Target will reportedly lower the threshold at which store staff can attempt to stop nonviolent theft. In a new guideline expected to be implemented this summer, the retailer has dropped...
March 15, 2024
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 and Oakland, California. The home...