During the holiday season, retailers enjoy increases in store traffic but for loss prevention (LP) managers increases in shoppers and temporary employees make this time of year more challenging. Through this influx of business (and beyond), the LP managers must deal with losses stemming from organized retail crime (ORC), employee theft, and shoplifting. Retail supply chains and online retailer distribution centers also come under greater pressure as more goods are being handled and shipped.
In his work on exploring the shift from analog to digital production in music, author and musician Damon Krukowski laments the fact that he can no longer just drop into his local music store. While he’s quick to acknowledge that digital music and streaming platforms allow for greater exposure and innovation for artists, he also feels that something has been lost.
Shunichi Morinaga, president and chief executive of Canon Hong Kong, said increased sales revenue at physical retail shops is one benefit of the system which monitors consumers using real-time data analysis. Canon is delighted to partner with NTT Communications, the global ICT solutions provider, to introduce a smart and reliable business solution for retailers in Hong Kong that will enable them to increase revenue as they face the dual challenges of increasing competition and an uncertain economic climate. We believe that real-time business intelligence can be a game changer for the Hong Kong market, especially in the retail industry.
Physical retail spaces are a vital link in modern, omni-channel retailing but how can you maximise their returns? Kimberly Goldsworth, VP marketing, Prism Skylabs, helps answer this burning question. There’s no question that more commerce is moving online. Amazon’s acquisition of Whole Foods is just one piece of recent evidence pointing to this trend. The flipside, however, is that the acquisition supports Amazon’s strategy to open more physical showrooms where shoppers can smell, taste, and handle products. As part of this, Amazon recently opened seven bookstores (with several more planned) in the US to cater to the resurgence in demand for physical books and allow people to test-drive gadgets like the Echo and the Fire TV Stick.
Milestone Systems, the open platform company in IP video management software (VMS), unveiled the findings of Video Surveillance Solutions in Singapore, a research study commissioned by Milestone Systems. The study revealed that while satisfaction with video surveillance continues to remain high, few firms are fully taking advantage of intelligent video solutions, beyond basic functions such as surveillance today. 92 percent of surveyed retail businesses are satisfied with their current video surveillance solutions, but what could they really gain from a deeper implementation of video surveillance technologies.
Axis announces new solutions for retail, which can provide intelligence and drive revenue growth Axis Communications, the market leader in network video, announced that Cognimatics’ applications have been fully integrated with Axis’ network cameras, audio, and access control products. Axis acquired Cognimatics in 2016 after a long, successful partnership.
Arteco, a global leader in the delivery of video event management solutions, will unveil advancements to its video event management portfolio at the upcoming ISC West conference. The Arteco video surveillance solutions portfolio delivers a wide variety of functionalities that help stakeholders gain new levels of awareness within their security and business infrastructures. The company has expanded its focus to provide customized systems that fit the requirements of specific vertical applications, such as retail, logistics, Smart City, critical infrastructure and campus. Enhancements include advanced storage options, bandwidth reduction for live and recorded video, support for ONVIF Audio Out, POS and marketing platforms.
NTT Security today issued its quarterly Threat Intelligence Report, which underscores the need for more advanced tools to protect organizations’ data and networks from the evolving tactics, techniques and procedures (TTPs) used by cyber-attackers. A topic of considerable public attention is the ability to determine the source of cyber-attacks to determine their credibility and motivation.
DTT announced a strengthened partnership with First Cup LLC, a 60-store Dunkin’ Donuts franchisee based in Chandler, Arizona. With locations throughout Arizona, California, Colorado, and Nevada, DTT provides comprehensive loss prevention and managed services for 30 First Cup stores with several installations currently pending. First Cup’s introduction to DTT took place in late 2013. The company was highly impressed with the range of DTT’s services and sophisticated technology. In March 2015, DTT was added to Dunkin’ Brands US list of vendors; First Cup contacted DTT within a week to sign 60 existing locations and all new construction stores. The rollout is still underway in order to work around First Cup remodeling and ensure a smooth transition from the previous surveillance provider.
Digi Security Systems, a leading provider of integrated electronic security systems, announces that its integrated electronic security solutions for large corporations feature centralized management across a geographically dispersed footprint. Digi offers completely integrated solutions for corporate environments, including IP video, video analytics and business intelligence, electronic access control and intrusion, and intercoms.