Industry News - Retail Science

Is it Time to Upgrade Your Loss Prevention Technology?

Inventory shrink cost U.S. retailers just under $100 billion in 2022 making an investment in loss prevention technology a wise move.

Homes and businesses are lost to fires, floods, and storms every year. That’s why crisis management and disaster recovery plans are crucial.

The tools available in a modern POS system can help retailers mitigate the labor shortage by running their stores more efficiently.

Customer incentive programs are key for any retail business in creating loyal customers and attracting new shoppers.

Efficient inventory management helps stores stay on top of frequent price changes and maintain their profit margins.

Retail trends for 2023 may seem like a new car with all the latest gadgets, but the objectives really haven’t changed a lot over the years.

A year-end checklist consolidates valuable information, tells you how your business is performing, and helps you prepare for the year ahead.

‘Tis the season that can make the year for many retailers. Those who can fulfill shoppers’ desires will have a happy holiday shopping season.

October is Cybersecurity Awareness Month. This is how one business suffered a ransomware attack and how Paladin Data Corp helped it recover.

Payment options provide both customers and stores an opportunity to save money and reduce costs.

There is a correlation between the success of a business and the health of its computer hardware. That’s why PC replacement plans are key.

With employees in short supply and prices rising and falling like the tide, investing in electronic shelf labels might be worth considering.