It may not be as hip as smart mirrors or as funky as voice activated payments but make no mistake a major trend driving retail in 2018 is data and the software behind it. The push is so prevalent, Inside Retail recently noted “the capture, interpretation and ultimate application of consumer data emerged as a…
Mobile retail is set to rise, shopping is about to get a whole lot more personal and social media is set to enter a new phase as a real retail driver. These are the big-ticket items tipped to emerge this year as Australian retail enjoys a reprieve from the doom and gloom of mid 2017.…
2018 heralds a new year for retailers combatting the ongoing onslaught of theft, but they will have a host of advanced tools at their disposal as fresh technology and improved strategies come into play. These are the top trends likely to occur in loss prevention in 2018, and how they can arm your store against…
Over the coming weeks retailers across Australia will be enthusiastically unpacking stock, bringing in new staff and gearing up for the busiest event on the annual calendar – the Christmas rush. While Christmas is set to see registers ring across the country, it also presents a prime opportunity for thieves to take advantage of busy…
Most retail managers are aware of the benefits that employing RFID electronic article surveillance (EAS) will offer their shop front. From item tracking to increased security and streamlined inventory analysis, this technology has a wealth of promise in managing a shop front as well as preventing loss. But, as with any investment, the benefits have…
E-commerce, virtual reality and chatbots night be the flash new terms of the retail world, but behind the scenes it’s simple data and analytics that are delivering a host of new opportunities to bricks and mortar retail. From counting customers, to watching what they pick up and put down, modern retail features a smorgasbord of…
For many retailers a security solution is about more than reducing theft. This was the case with Sportsco who approached Vitag with additional store management requirements like traffic counting to improve their operation as a whole. As a nationally recognised brand, Sportsco operates a growing network of stores across Australia and online, offering a diverse…
The stock is on order, the premises outfitted and the signwriter booked, meaning the countdown is on until opening day at your new retail establishment. But just as premises, point of sale and shopfittings are important, so too is the technology that protects your inventory from theft and helps guarantee a return on your investment.…
For as long as there have been shopfronts there have been managers counting the beans, watching the takings and looking for more effective ways to handle their cash. But it’s only been the past 150 years that we’ve come to rely on technology to help us with the task. There was the creation of the…
As retailers complete their final stocktake and tick off the requirements that mark the end of the financial year, it’s a timely opportunity to look to the new business year ahead. And amidst a lengthy list of new year’s business resolutions, loss prevention should be high on the agenda. Statistics from the Global Retail Theft…
With its affordability, ease and convenience, Mobile Point of Sale is one of the fastest growing business solutions currently available. Spanning all industries from healthcare to retail, government and hospitality, it’s currently exploding on the customer service stage, with Global Market Insights forecasting its market worth will rise from USD$11.54 billion in 2016 to a…
Part 2 – Electronic Article Surveillance – Alarmed and alert Regardless of the size or location of a retail shopfront, loss prevention is a daily challenge. For Australian retailers it’s a $2.7 billion problem annually, according to the Global Retail Theft Barometer, with shoplifting and employee theft accounting for over 75% of this loss. The…