22
Aug
0
By: Jesse Davis West On: August 22, 2018 In: Blog Comments: 0

New data from the National Retail Federation (NRF) shows that retail companies now allocate more resources to technology than to hiring additional staff. Retailers are realizing that, thanks to artificial intelligence, technology solutions can act as a force multiplier, enabling fewer staff members to work far more efficiently.   As an example,...

Read more
01
Aug
0
By: Jesse Davis West On: August 01, 2018 In: Blog Comments: 0

The National Retail Federation recently surveyed 66 retailers about their leading causes of shrink. For the fourth year in a row, external shrink, including shoplifting and organized retail crime (ORC), has surpassed employee theft as the number one cause of inventory shrink.   External shrink now accounts for 35.7% of inventory shrink age. Trailing behind are employee theft/internal shrink...

Read more
31
Jul
0
By: Jesse Davis West On: July 31, 2018 In: Blog Comments: 0

The National Retail Federation (NRF) recently reported that over one third (36.5%) of retail companies are increasing their loss prevention budget in 2018. In fact, only about 20% of retailers are decreasing their LP budget.   

Read more
×

See FaceFirst in Action

A FaceFirst rep will be in touch shortly

FaceFirst will collect and store your information for purposes of answering your questions about our products and services. Please see our privacy policy for further details.

  • This field is for validation purposes and should be left unchanged.