The Layers of Loss Prevention

The Layers of Loss Prevention

After several hard weeks of gathering inventory counts and overnight shifts, the numbers come in and they aren’t as pretty as they should be. The store has been in the red for the past few quarters and while there has been some improvement, it isn’t enough to get the...
Dear Retailers, You Can Stop Chasing Data

Dear Retailers, You Can Stop Chasing Data

Retailers spend upwards of $26 million a year on data-related initiatives. Why? Every stage of retail relies heavily on big data, from predicting consumer trends, optimizing sales prices, investing in real-time advertising to managing inventory. We’re relying on data...
Consumers Still Love Shopping in Stores

Consumers Still Love Shopping in Stores

We’re a little more than a month into 2017, yet we’ve seen several prominent retailers close their brick-and-mortar locations to focus on e-commerce. With these changes, it could be easy to assume traditional retail is on the way out. Yet, when we surveyed...
Are You Pouring Business Down the Drain?

Are You Pouring Business Down the Drain?

We all have our favorite big box stores for an awesome shopping experience. Chances are we’ve memorized the layout and even know the names of the smiling faces waiting to greet us at the door. I have fond memories of my mom checking every egg in the carton for cracks,...