Iโm going to cut to the chase: US retailers lose an estimated $121 billion per year from shoplifting. Between pilfering pre-teens and kleptomaniac employees, brands consistently lose out on significant sales due to theft.
Read more2 min read
The Billion Dollar Problem Not Enough Brands Are Addressing: Shoplifting
Topics: consumer insights RFID
3 min read
CONSUMER BUYING BEHAVIORS AND EXPECTATIONS HAVE FOREVER CHANGED THE FACE OF RETAIL
Itโs not news that the retail landscape is now driven by the digital-savvy who seemingly have limitless shopping and buying opportunities at their fingertips. The way they discover, find and receive products has been evolving at a rapid pace in the last decade.
As consumer behaviors have changed, retailers are left to make the decision: will they change their processes and swim, or keep things as they are and face sinking in 2025 markets? Here are the three major consumer behavior shifts that have happened โ and how brands can respond.
Read more