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Store Operations

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= NRF Original Research
From Motorola Solutions. To meet shopper expectations in the omnichannel world, you must be able to see what’s in-stock and where it’s located across all supply chain channels. This paper discusses how omnichannel retailing is changing end-to-end supply chain operations, especially when it comes to meeting customers' complex fulfillment demands. It also examines the growth in importance of direct-to-customer shipping and offers suggestions for how retailers can utilize technology to make all the components of the supply chain work seamlessly together.
From Intel Corporation. Merchant IT organizations are grappling with two competing priorities - maintain PCI DSS compliance, and to efficiently manage hundreds or thousands of remote devices. Not to mention that new devices are always being added, and those devices may have different form factors, support requirements, and transactional security needs.
From Motorola Solutions. Lord & Taylor's flagship Fifth Avenue store in New York needed to keep their display shelves fully stocked. But display sample inventory was such a labor-intensive, time-consuming process, they could only do it once a week. With Motorola Solutions' handheld RFID readers, they saved 75% of the labor and can run display sample inventory daily. Read the case study to see how floor sample displays are now at least 95% complete, and how sales went up 2%.
From Motorola Solutions. This paper outlines the key trends shaping the unique needs and demands of the wireless environment in retail today. It also highlights six key strategies for establishing a successful wireless network. A thorough understanding of both is critical for driving compelling experiences for the connected shopper.
From Motorola Solutions. This white paper examines the future of retail, including changing shopper mindsets and behaviors, and the new expectations shoppers have for their in-store experience.
From Bit9. Constant updating of security patches and antivirus software libraries can slow response times and leave endpoints vulnerable to APT attacks. Endpoint protection based on detecting known malware is demonstrably ineffective—and has the potential to create numerous inefficiencies across your organization.
In October 2011, NRF released the findings of a survey with 96 retail and restaurant companies to understand the use and scope of background screening in the retail industry. Nearly all retailers polled (96.6%) utilize background screening as part of their applicant hiring process. Background checks are conducted on all levels of employees from store associates and managers to senior executives. The types of checks conducted often include evaluating criminal history, sex offender registration, credit, motor vehicle/driving history, a social security number trace, drug history, education verification and private sector data sharing initiatives such as a stores mutual association check.
From International Sign Association. Freestanding “high-rise” signs of 50 feet or more are an essential tool for many businesses seeking to market their locations to customers, and are among the various types of products designed, manufactured, supplied and used by the 2,200 members of the International Sign Association (ISA). A common design known as a “telescoping” steel column is widely used for freestanding signs that reach heights of 50 feet or more. Tens of thousands of these signs are safely in use along the nation’s interstates and major highways. Through the ISA Technology and Research Committee, the Association became aware of concerns about a handful of these signs falling in recent years due to unknown causes. There was little data on these incidents, and as a result, conflicting theories as to possible causes. As part of its ongoing commitment to promoting the highest standards of quality and safety, ISA decided to commission an independent engineering analysis at the University of California San Diego (UCSD) to help shed more light on the issue.
From Opterus Inc. It’s becoming more and more apparent that retailers are feeling the pressure to run their stores more efficiently in the information age. It is widely accepted that there is a huge amount of information that flows from head office to the stores and retailers need to find the right technology to support their efforts to communicate, to develop the right culture, to provide visibility and to manage compliance.
Multiple offender crimes aren’t your typical so-called “flash mob”. Traditionally, these multiple offender crime groups engage in grab-and-run scenarios where offenders quickly enter stores and target specific merchandise – such as high-end handbags, jewelry and designer clothing – then flee, sometimes to a waiting vehicle or, as was the case in several high profile incidents, using mass transit.
From Opterus. With solutions that are tailored to specific retail functions, retailers can maximize the efficiency of store operations and be empowered to accurately and consistently distribute information, plan, schedule, assign, prioritize, automate, communicate and monitor task compliance. The key benefit: significantly reduce expenses while improving the ability to communicate with stores and monitor store compliance. By leveraging these tailored solutions, retailers can skip the extensive training or large system configuration for easy deployment and implementation.
The National Retail Federation Foundation (NRFF) and KPMG have published the ninth annual "state of the retail industry" study, Retail Horizons: Benchmarks for 2010, Forecasts for 2011. Retail Horizons offers a detailed overview of the current state of the industry and retailers’ plans for the year ahead. The full report provides deep insights into tactical decisions and strategies retail companies will implement as the industry continues to recover, and how they will try to maintain customer focus while placing a greater emphasis on the bottom line. Research for this year’s report was conducted in the fall of 2010 and is based on responses in nine functional areas through online surveys from more than 310 retail executives in 135 companies.
From Grant Thornton LLP. With the holiday season behind us, gift card sales continued to surge. Not only did more people purchase gift cards this holiday season, but the average amount spent on each card increased as well. While consumers flock to gift cards for their flexibility, businesses have embraced them as a means to increase sales, improve cash flow and manage inventory. But with the growth in use of gift cards also comes an uptick in scrutiny and regulations, especially within the past year. Grant Thornton LLP’s new white paper, Gift cards: Opportunities and issues for retailers, explores the areas of risk and opportunity gift cards can bring to retailers and outlines how new rules from the IRS and the Federal Reserve Board provide retailers and gift card issuers much-needed guidance.
KPMG and NRF Foundation are pleased to deliver the eighth annual state of the retail industry study, Retail Horizons: Benchmarks for 2009,Forecasts for 2010. A year ago, the retail industry was facing its greatest global financial crisis in decades and, while challenges continued in 2009, lessons were learned. This year's report details how retailers moved quickly and thoughtfully to position themselves for success as they entered a new decade.
From Ionit Technologies. It’s undisputed that organizations run better when employees have access to timely, actionable information. Understanding shopper behavior in stores is paramount to improving operations and increasing sales and profits. Video centric business intelligence systems correlate shopper behavior data from multiple systems and automatically deliver actionable reports to help hold companies to internal performance benchmarks.
From PCMS. Despite the proliferation of new customer touchpoints in today’s store environment, the point of sale (POS) remains a critical—perhaps the critical—application. As the site of the shopper’s last transaction with store technology, interaction at the POS has the potential to either enhance the overall buying experience or to deteriorate it. As customer service becomes a defining differentiator, many retailers are working hard to ensure that their POS helps customers leave the store happy.
With nearly 900,000 locations, U.S. chain retail stores are among the largest commercial consumers of electrical power. They’re in for a shock, too, as they open their utility bills in the months ahead: electricity rates, already high, are rising fast and poised to soar even higher. But instead of simply putting up with higher bills and periodic service disruptions, some proactive retailers are becoming part of the solution – and profiting from it at the same time. This paper discusses the premise behind demand response and how retailers can help save the grid by automatically reducing peak demand during critical periods, while also providing an opportunity to make money, save money and improve the environment.