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Reflections on Retail Loss -By Professor Adrian Beck Loss prevention and store design - Introduction The nature of the retail store is changing quickly, accelerated both by the consequences of the COVID Pandemic and a growing desire to reduce the amount of ‘friction’ shoppers experience to better compete wi...
Time to consume: 4 min
In 2020 the world has turned upside down. The Covid-19 pandemic led to major shifts within retail and transformed the way consumers shop like never before. In this blog, you’ll get insights about the 4 main retail trends for 2021, both as a cause of the pandemic and other ongoing market changes. All summarised by...
Time to consume: 4 min
As a technology offering potential benefits to the retail industry, the unique identification of consumer products via a radio frequency enabled tag – RFID, has been around for more than 20 years, and yet it still feels like a technology having to prove its value. Partly this is a consequence of being over hyped ...
Retailers have been hit hard by the corona pandemic. Severe restrictions have been imposed, if not an overall forced store closure, limiting footfall and sales in stores. Though facing challenging times throughout 2020 and now 2021, retail has never been quicker to adapt, and new innovations, solutions,and initiatives ...
Time to consume: 3 min
Reflections on Retail Loss -By Professor Adrian Beck Introduction It is becoming ever more important that retailers effectively manage their businesses –not only to drive sales but also to control costs. For most retailers some form of loss is an inevitable part of doing business – it is a regrettable yet i...
Time to consume: 4 min
To summarise the retail year 2020, the year of the coronavirus, and hopefully give you a fresh start-up for 2021, we have identified three important retail trends to explore. Driven by long term consumer behaviors, which rapidly speeded up its pace during last year. 3 retail trends to explore in 2021, an introduction: ...
ByClaudia Horbert The year 2020 is a COVID year for all retailers. Social distancing and masks have become part of the shopping experience. Therefore, the development of safety and hygiene concepts and their implementation at the point of sale, determined the work for store planning departments at big retailing compa...
Time to consume: 5 min
Reflections on Retail LossBy Professor Adrian Beck The use of self-scan and checkout (SCO) technologies has grown considerably in the past 15 years, predominately, but not exclusively in the grocery sector, where customer and product volumes, and space utilisation issues, make them a particularly appealing proposition....
Time to consume: 4 min