The Big Business of Retail Loss Prevention

Retail Loss Prevention professionals are descending on Long Beach this week for NRF Protect, one of the largest LP trade shows of the year. It’s an important show too, not just for those in the function, but for the entire retail enterprise as well. Loss Prevention is big business – over $42 billion of shrinkage is suffered annually in the United States alone – and threats run the spectrum from organized retail crime (OCR) activities to inefficient and ineffective inventory management processes and systems.

Spotlight

Toys"R"Us

Toys“R”Us, Inc. is the world’s leading dedicated toy and baby products retailer, offering a differentiated shopping experience through its family of brands. Merchandise is sold in 864 Toys“R”Us and Babies“R”Us stores in the United States and Puerto Rico, and in more than 755 international stores and over 250 licensed stores in 37 countries and jurisdictions.

Other Infographics
news image

Customer Checkout Process Infographic

Infographic | December 6, 2019

Streamlined user experience is a critical element to any successful online retail website. When shopping online, consumers are looking to find the products they are looking for as easily as possible, and seek ways to reduce time and effort spent in the buying process. An efficient checkout process is one way to enhance the user experience and increase customer satisfaction. Learn about the steps of the customer checkout process and ways to automate the shipping process in our infographic below!

Read More
news image

Building The Better Entrepreneur

Infographic | January 1, 2020

BUILDING THE BETTER Entrepreneur COUNTRY This information is based off the research project Global Engineering and Entrepreneurship done by Duke University. 549 company founders were surveyed from the United States.

Read More
news image

Restaurant POS Systems The Latest and Future Trends

Infographic | August 18, 2022

As per a survey, the sales of restaurant POS solutions in the U.S. surpassed US$3.5 billion in 2021, and it isanticipated to reach US$4.7 billion by the 2028-end

Read More
news image

4 Signs you've outgrown your Point-Of-Sale

Infographic | December 24, 2021

Integration features are limited. Reporting capabilities are incomplete. Your processing method is outdated. Customer service makes you groan.

Read More
news image

Metaverse – The future of digital banking

Infographic | June 28, 2022

This makes the banking sector the next frontier in the metaverse. With time, customers can visit banks through a virtual reality device, all without stepping out of their homes. Even major financial corporations are making heavy investments given the potential of banking in the metaverse, thus positively influencing digital banking market dynamics.

Read More
news image

Returns Totaled $369 Billion In 2018, But Many Can Be Prevented

Infographic | December 5, 2019

Returns hit the bottom line in multiple ways: the value of returned merchandise was $369 billion in 2018, and it takes, on average, more than seven people to handle processing a return. Additionally, 80% of first-time customers who return their order will never buy from that retailer again.

Read More

Spotlight

Toys"R"Us

Toys“R”Us, Inc. is the world’s leading dedicated toy and baby products retailer, offering a differentiated shopping experience through its family of brands. Merchandise is sold in 864 Toys“R”Us and Babies“R”Us stores in the United States and Puerto Rico, and in more than 755 international stores and over 250 licensed stores in 37 countries and jurisdictions.

Events