Shrinkage

Here’s why AI can boost your customer experience

Artificial intelligence is revolutionising industries across the board, and retail is no exception. Historically associated with sectors like healthcare, finance,…

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How can retailers effectively manage their inventory?

Inventory management stands as a fundamental aspect of effective retail store administration. Situated within supply chain management, its objective lies…

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Top security measures to combat shoplifting

Retailers have recently reported that they are increasingly dealing with a problem of shoplifting in addition to the rising cost…

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The Retailer’s Guide to RFID Tags and Inventory Management

In the fast-paced world of retail, efficient inventory management is crucial for success. RFID (Radio-Frequency Identification) technology has emerged as…

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Foot Locker sales fall 9.9% in Q2

Footwear and clothing retailer Foot Locker reported a 9.9% decrease in sales to $1.8bn (£1.4bn) in Q2, compared with sales…

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Foot Locker sees 11.4% drop in sales to $1.9bn

Foot Locker has reported a 11.4% decline in total sales to $1.92bn (£1.5bn) for its first quarter ended 29 April…

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New Look reports operating loss of £74.3m

New Look has reported an underlying operating loss of £74.3m in its latest financial results for the year to 24…

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Energy – far more than a retailer’s ‘impulse buy’

Recent research has suggested that some £300m worth of energy is being wasted across the UK retail sector. As major…

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