Convenience store chain 7-Eleven operates some 50,000 stores worldwide in 16 countries. In the United States and Canada, the company operates 8,000 stores and grew by some 1,000 stores last year alone.
Britannia could be an exception, as its sterling numbers showed on Monday but, overall, consumer goods companies seem to be experiencing the pangs of a slowdown, albeit with a lag. In the quarter ended June, the segment showed signs of the stress that has hit sectors such as capital goods, power, infrastructure and automobiles.
Concerns over store merchandise credit and gift card fraud schemes are growing. This year’s report will focus on a troubling new problem involving gift card and store merchandise credit fraud.
Download this report via the link below.
Electronic Article Surveillance (EAS) has long been recognized as an effective deterrent against shop theft. This Acousto-Magnetic (AM) based technology has been essential in supporting retailers’ loss prevention and security strategies and till today remains an integral part of most stores.
In 2012, IDC Retail Insights worked with Tyco Retail Solutions to test and assess the impacts of electronic article surveillance (EAS) on a major U.S. grocery retailer's operations. The program demonstrated that EAS technology continues to be a vital shrink-reducing tool.
Download this whitepaper via the link below.
From tags to readers, software to professional services, Tyco Retail Solutions, a global provider of retail performance and security solutions, offers comprehensive RFID solutions to help retailers turn technology innovation into tangible business value. Tyco's RFID solutions are installed today at more than 1,000 retail stores, providing critical item-level data and insights at both the store and the enterprise level. The company is on track to double the number of store locations implementing RFID by fall 2013 based on deployments currently underway.
[ Q ] Item-level RFID is proving to be a key component in delivering accurate inventory data on a consistent basis. Why is this so important for retailers today?
Research & development (R&D) expenditure for a few key fast-moving consumer goods (FMCG) companies was down in the financial year ended March. This took place even as the pressure to maintain both visibility and excitement with new or improved products grew, at a time when consumer spending remained tepid.
This month we want to highlight the accelerated changes taking place in retail and how savvy retailers are responding through innovative new technologies. Worldwide and especially in Asia, consumers are now highly connected through mobile devices that they are increasingly using to “assist” and enhance their shopping experience. The brick and mortar store is becoming just one of the elements factored in the shopper’s journey to a purchase.
Omni channel retailing adds the flexibility of cross-channel and mobile shopping to the unique revenue and loyalty building capabilities of the face-to-face retail experience. It offers opportunities to build deeper shopper relationships and enhances the availability promises that can be a risk due to out of stock.
Supply chain visibility and stock availability equals more revenue