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The Evolution of the Internet and Its Impact on Retail Spaces
The internet has allowed retailers to connect with potential customers and express their brand in entirely new ways, and physical stores have become a part of their communication and sales strategy instead of being their only or primary way to reach consumers. While logic would suggest that this downgrade in the importance of physical stores would lead to less interesting designs, on the contrary the ability of retailers to communicate and build brands online has actually led to more focused and impactful physical store identities as well. Meanwhile, omni-channel retailing has converged the online and offline shopping experiences. For retailers who practice this approach, prices are consistent in all formats, and consumers can choose between numerous options: shopping online with home delivery, shopping online and picking up at a store, shopping at a store and taking merchandise away, or shopping at a store and having it delivered to their home. (Source wired.com)

3 in 10 consumers don't trust retailers with their data
A global fraud study by ACI Worldwide and Aite Group of more than 6,100 consumers across 20 countries revealed distrust among global consumers in retailers to protect their data. Among other findings, only slightly more than 50 percent of consumers feel stores where they shop use security systems that adequately protect their financial data against hackers and data breaches. Some findings include: •Nearly 3 in 10 global consumers (29 percent) do not trust retailers (e.g., stores, online shopping sites, restaurants, etc.) to protect stored personal and financial data against hacking attempts and data breaches. •58 percent think financial institutions (large multinational institutions, community banks and credit unions) do a better job of protecting their data than do retailers, or for that matter, government agencies and law enforcement. (Source net-security.org)
 

$100,000 Jewelry Store Robbery Arrests in Columbia, SC
The mystery over who stole diamonds worth more than 100-thousand dollars from a local jewelry store... may be over. Robert Weathers and Robin Nelson were arrested after a tip led Baltimore County police officers to a hotel in Catonsville, Maryland. Columbia Police allege the two entered a jewelry store on Broad River Road back in June... and pretended to be customers in order to gain access to the diamonds. They are facing similar charges in several other states. (Source abccolumbia.com)


Charlottesville, VA Police Seeking Suspects in Credit Card Fraud Investigation  Police want to talk to the men seen in the picture on the right, who were caught on camera walking out of a Walmart on June 22nd. The men are wanted in connection to the theft of a credit card from a Charlottesville resident. (Source newsplex.com)


Bossier, LA Police name suspect in cigarette thefts
Bossier City police have named a suspect in the theft of hundreds of dollars worth of cigarettes from area convenience stores. n arrest warrant has been issued for Erol Demond Walter, 33 of Shreveport, on a charge of simple robbery. Detectives said they believe Walter is one of several people who have been targeting local Circle K stores. The thieves have allegedly gone into the stores late at night or early in the morning, asking the clerk to make fresh coffee. While the cashier is distracted, the suspects reportedly go behind the counter and take numerous cartons of cigarettes at a time. The estimated value of the cartons is about $1,500. (Source wfxg.com)

Shoplifters sought in Walmart Charlotte County, FL thefts
The Charlotte County Sheriff's Office released a series of photos of two suspects wanted in connection with multiple instances of shoplifting at area WalMart stores. Deputies have taken several reports from various WalMart stores involving the men shown in these pictures. There is also a picture of the suspect vehicle. They are alleged to have gone from store to store on multiple occasions to take electronic items, such as DVDs, game controllers and game systems. (Source jrn.com)

Accused Target Shoplifters Apprehended After Pursuit in Hendersonville, TN
 

Tyco Retail Solutions Implements Advanced New Solution of RFID Inventory Intelligence for Inditex Group

Tyco awarded chain-wide inventory visibility contract to Zara

NEUHAUSEN, Switzerland - July 21, 2014 - Tyco Retail Solutions (www.tycoretailsolutions.com), a leading provider of retail performance and security solutions, today announced that Inditex Group, one of the world’s largest fashion retailers, has awarded Tyco a chain wide contract for RFID-based Inventory Intelligence. The T​yco solution is currently deployed in 700 Zara stores across 22 countries, and is recognized for delivering significant value to the Inditex business. As a customer focused retailer, having timely, accurate visibility into all merchandise styles, colors and sizes is critical. This visibility enables Inditex to create precise merchandise plans and tailored product assortments, and to deliver an exceptional customer experience across the Zara chain.

Real-time inventory visibility supports Inditex’s strategic omni-channel objectives, ensuring the right products are in the right place at the right time. With this RFID-based solution, Inditex is achieving operational efficiencies through improved inventory processes and better controls for reducing shrink. The retailer is optimizing its inventory investment and maximizing sales and margins.

According to Pablo Isla, cording to Pablo Isla, Inditex President, “Implementation of this next-generation technology is the one of the most significant changes ever in how the Group’s stores operate.”

Inditex is utilizing Tyco’s Sensormatic dual technology RFID/Acousto-Magnetic (RFID/AM) hard tags and detachers at the point-of-sale (POS). Tyco is also managing Inditex’s tag recirculation program through a cost effective and environmentally sound approach that allows re-use of RFID/AM tags. With this solution, Inditex is taking advantage of the benefits of RFID-based inventory visibility while controlling shrinkage with robust anti-shoplifting AM technology.

Tyco’s best-in-class inventory intelligence and loss prevention solutions, combined with its global service model, have been central to Inditex’s improved inventory accuracy and visibility. Tyco’s professional services team has been a collaborative partner in the successful deployment of these solutions to Inditex stores around the world.

“Inditex has been a valued customer of Tyco for many years, and we are delighted to learn about the significant operational results and success with the deployment of our RFID solutions. As a world renowned fashion retailing leader, Inditex constantly delivers fresh assortments to attract customers. Now, having real-time visibility to their inventory enables Inditex to keep pace with fashion trends and meet discriminating shopper needs,” said Nancy Chisholm, President, Tyco Retail Solutions.

Read more here.
 

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7 Surprising Ways Procrastination Can Boost Productivity  Putting off tomorrow what you could get done today has had a bad rap, but it's not entirely deserved. Procrastination isn't all that bad, and in fact, your inability to function until that deadline looms over your head may surprise you with some great benefits! Here are some reasons why you may want to wait. (Reduce anxiety)

Working Endless Hours Does Not Make You a Hero  In our society, people like to brag about how many hours they worked. However, as it turns out, working all of those hours may be nothing but a waste of time. Take a look at this infographic to see where each country ranks in hours worked and productivity! (Netherlands=29 hrs/wk)