Walmart and Target are the top funders of a campaign that aims to roll back a California law that critics say has led to a surge in retail theft. This law, Proposition 47, enacted in 2014, aimed to reduce penalties for lower-level drug and property crimes but has...
Last year, the National Retail Federation’s annual show put the spotlight on the return of physical retail and AI. This year, it’s all about checking out how these innovations are hitting the sales floor and making a real impact. “It’s our Super Bowl,” said Eric...
Last year saw several retailers report that their profits were being hurt by “shrink.” That’s the industry term for lost inventory due to a variety of factors, though much of 2023’s reporting dealt with losses from a wave of retail theft. But as 2024 begins, investors...
January 15, 2024
Last year, the National Retail Federation’s annual show put the spotlight on the return of physical retail and AI. This year, it’s all about checking out how these innovations are hitting the sales floor and making a real impact. “It’s our Super Bowl,” said Eric Olson, vice president of education at NRF, who spoke on […]
June 28, 2024
Target will reportedly lower the threshold at which store staff can attempt to stop nonviolent theft. In a new guideline expected to be implemented this summer, the retailer has dropped that threshold to $50 from the previous $100, Bloomberg reported Friday (June 28), citing unnamed sources. Asked about the change by Bloomberg, a Target spokesman […]
February 09, 2024
Walmart and Target are the top funders of a campaign that aims to roll back a California law that critics say has led to a surge in retail theft. This law, Proposition 47,...
January 09, 2024
Last year saw several retailers report that their profits were being hurt by “shrink.” That’s the industry term for lost inventory due to a variety of factors, though much of...
