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291: Cutting Edge Solutions To Counter Shrink
Episode 29122nd April 2024 • Retail Transformation Show with Oliver Banks • Oliver Banks
00:00:00 00:24:08

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Dive into the dynamic world of shrink solutions to combat one of the industry's major challenges, the rapidly increasing levels of unknown loss and theft. As retail evolves, so does the challenge of managing shrink and minimising theft; from advanced detection technologies to innovative on-floor strategies, each solution offers a unique angle on preventing loss. This episode is your guide to transforming shrink management into an opportunity for growth and innovation. Whether you're combating opportunistic shoplifting or organised crime, learn how tailored and localised approaches can revolutionise your retail environment.

Listen to this podcast episode to hear:

  • Uncover the power of localised approaches to shrink that cater specifically to the unique challenges experienced.
  • Discover cutting-edge technologies to prevent and detect shrink, from AI body language analysis to RFID tracking.
  • How to support frontline colleagues to combat shoplifting and retail crime.
  • The balance between protecting stock and maintaining a positive shopping experience.

Show notes are at www.obandco.uk/291.

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