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Retail and Hospitality

Getting smart about intelligent surveillance in retail

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02/14/2011

DELRAY BEACH, Fla.—Aisling MacRunnels, CMO of intelligent analytics and search solution provider 3VR, on Feb. 14 paired with Joe Davis, director, field retail loss prevention for T-Mobile, at the TechSec Solutions conference here, to explain how intelligent surveillance technologies can help reduce retail theft and improve customer service and sales.

In retail, 'visibility, in real-time, is king'

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02/14/2011

CABO SAN LUCAS, Mexico—Retailers are always striving to know exactly what’s happening in their stores. Loss prevention professionals often rely on technology like video surveillance and EAS systems to help protect assets and prevent theft, but increasingly that same technology can be leveraged to give the organization a better picture of customer behavior, staffing needs and merchandising trends.

PepBoys deploys video, sees shrink reduction beyond industry standards

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02/07/2011

CABO SAN LUCAS, Mexico—PepBoys, one of the largest providers of automotive products and services with 625 stores in 35 states, opened 32 new stores last year. And, this year the company plans to be even more ambitious, with 50 stores slated to open. But despite its ambitious expansion plans, the company realized it needed to take a serious look at its loss prevention program.

What retailers want: Day 1 of Innovision 2011 focuses on the future of video

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02/07/2011

CABO SAN LUCAS—During the first day of Innovision 2011, an event sponsored by digital video manufacturer I3 International, there was significant focus on how retailers are using video and what they anticipate wanting from video in the future.

'Video trickling' could save retailers money

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02/07/2011

MONTREAL—IP security solutions provider Genetec on Feb. 1 announced a new “video trickling feature” on its Omnicast VMS, which allows users to transfer selected video for storage at selected times.

Retailers make big strides in 2010

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12/20/2010

YARMOUTH, Maine—The economy in the beginning of 2010 was still having a negative impact on retailers and, despite a slight economic recovery, it didn’t appear that retailers wer

Black Friday weekend brings larger crowds, minimal incidents

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11/29/2010

WASHINGTON—More than 212 million shoppers ventured out to stores during the Thanksgiving weekend—17 million more than last year—but despite larger numbers, there were relatively few reported incidents, according to a report released yesterday by the National Retail Federation.

Vector national accounts takes aim at ADT

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11/22/2010

PITTSBURGH—Taking market share from ADT is at the top of the to-do list for industry veteran Gary Fraser who joined Vector Security two weeks ago as Director of North American Sales for Vector’s National Accounts Division.

Holiday theft estimated to be $2.77B for retailers

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11/22/2010

THOROFARE, N.J.—While the upcoming holiday season means a boom in sales for retailers across the country, it also means an increase in retail theft, both internal and external. Professor Joshua Bamfield, executive director of the Centre for Retail Research, who authored the 2010 Global Retail Theft Barometer, estimated that U.S. retailers will lose $2.77 billion to theft this holiday season (mid-November through end of December).

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