1. Technology & Innovation

Shrink costs retailers over $94B in 2021: NRF

Written by Posted on Less than 0 min read

In response to shrinkage concerns, retailers expect to spend more on loss prevention and technology, a new NRF survey found.

View Original Article
Member since
Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, and app cover topics such as the future of brick-and-mortar, retail technology, e-commerce, marketing, payment technology, in-store operations, omnichannel shopper journey, and more. Retail Dive is a leading industry publication operated by Industry Dive. Our business journalists spark ideas and shape agendas for 7+ million decision makers in the most competitive industries. https://www.retaildive.com/
Do you like RetailDive's articles? Follow on social!

More from RetailDive

  1. Trends & External Forces

Birchbox founder demands $2M from FemTec Health

Birchbox co-founder Katia Beauchamp alleges FemTec Health, which acquired the box subscription service in 2021, operated in bad faith. View Original Article Marketing: Loyalty & Subscription Health & Wellness RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

Walmart ups stake in Flipkart after buying additional shares from Tiger Global

The mass merchant in 2018 became Flipkart’s largest shareholder after paying $16 billion for an initial 77% stake in the company. View Original Article Delivery Walmart RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email […]
< 1 min read
0
  1. Department: Consumer Durables

Nike kicks the inventory doldrums with levels down 10%

​[[“value”:”The sportswear giant has come a long way from a year ago, when stock levels were surging with retailers and consumers pulling back on purchasing.”]]  View Original Article Operations & Supply Chain Consumers Dept. Apparel RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most […]
< 1 min read
0
  1. Corporate Finance

Instant Pot, now a stand-alone company, appoints new leadership

Under different ownership after last year’s bankruptcy, the popular multicooker is no longer part of the appliance conglomerate that owns Pyrex and Corelle. View Original Article Bankruptcy RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily […]
< 1 min read
0
  1. Technology & Innovation

Fossil hires chief marketer

While some retailers and brands hire veteran marketing talent, research suggests that companies are bumping up their marketing budgets. View Original Article Technology & Innovation RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, […]
< 1 min read
0
  1. Channel: Specialty & Other

Target vet joins REI as VP of stores, retail operations

Mary-Farrel Tarbox joins REI with more than 30 years of retail experience, including at Crate and Barrel and Bed Bath & Beyond. View Original Article Target Operations & Supply Chain Brick and Mortar Bed Bath & Beyond RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into […]
< 1 min read
0
  1. Corporate Strategy

Deckers names new CEO as Q3 sales tick up 16%

Stefano Caroti, who most recently was the company’s chief commercial officer, also led Hoka in the interim and spent over a decade at Nike. View Original Article Executives Dept. Apparel RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The […]
< 1 min read
0
  1. Uncategorized

Macy’s shakes up board, avoids proxy fight

The department store has also opened its books to the real estate-minded investors who have bid $6.6 billion to take it over. View Original Article RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, […]
< 1 min read
0
  1. Department: Consumer Durables

Virtual clothing platform DressX raises $15M

Founded in 2020, the metaverse fashion company sells its digital clothing on marketplace platforms like Roblox, Meta and others. View Original Article Dept. Apparel Metaverse Meta (Facebook) Trends: Tech RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. […]
< 1 min read
0
  1. Data & Insights

How data and expertise will determine what’s next in retail

As retailers prepare for the industry’s next big shift, experienced partners will guide the way. View Original Article Data & Insights Partnerships RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, and app […]
< 1 min read
0
  1. Trends & External Forces

Lovesac Q3 net sales jump 14.3% amid store growth

​[[“value”:” Dive Brief The furniture brand — which is facing an SEC investigation due to accounting errors — reported showroom net sales increased 18.9%. Published Dec. 6, 2023 A Lovesac storefront. The brand appointed a new CFO in June. Daphne Howland/Retail Dive “]]  View Original Article Executives Brick and Mortar Government RetailDive Member since November 25, […]
< 1 min read
0
  1. Corporate Finance

DTC cookware brand Caraway raises $35M

The funding comes as many retail startups face a cooler venture capital market. View Original Article Results & Investment RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, and app cover topics such […]
< 1 min read
0
  1. Department: Consumer Durables

Nike loses third diversity officer in 2 years

Jarvis Sam is leaving the position after a matter of months. View Original Article Dept. Apparel Inclusivity RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, and app cover topics such as the […]
< 1 min read
0
  1. Holiday & Events

Deloitte: Shoppers to spend an average of $500 during Black Friday week

Families of all income levels are planning to increase their spending during the holiday, as well as their reliance on credit cards. View Original Article Consulting Strategy Shoppers Holiday & Events RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends […]
< 1 min read
0
  1. Holiday & Events

Target partners with FAO Schwarz on exclusive, multiyear deal

The retailer’s stores will feature a dedicated space for the toy company, with demonstrations at select stores throughout the holiday season. View Original Article Target Partnerships Brick and Mortar Holiday & Events RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and […]
< 1 min read
0
  1. Corporate Strategy

Crocs tops $1B in Q3 revenue, but Heydude continues to drag

​[[“value”:”Executives warned the holiday quarter could be rough for its DTC brand, with sales down as much as 25%, but said they still believe in its potential.”]]  View Original Article Executives Holiday & Events RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful […]
< 1 min read
0
  1. Shopper & Customer

The future of retail media networks: Unlocking the power of Wi-Fi in store

Explore how RMNs & Wi-Fi will revolutionize the in-store retail experience, offering targeted ads & enhanced customer experiences. View Original Article Marketing: In Store Marketing: Retail Media Predictions and Forecasts Shoppers Trends: Retail RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news […]
< 1 min read
0
  1. International

Toys R Us sets sights on UK expansion

Parent company WHP Global signed a long-term licensing deal with WHSmith as its exclusive shop-in-shop partner for the toy retailer in the United Kingdom.  View Original Article Partnerships Dept. Nonfood International - UK Dept. Toys & Games RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful […]
< 1 min read
0
  1. Corporate Strategy

Foot Locker moves exec to interim CFO seat

Robert Higginbotham will take on the additional role while the company hunts for a permanent replacement for departing CFO Andrew Page. View Original Article Executives RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, […]
< 1 min read
0
  1. CPG & FMCG

Unilever to sell Dollar Shave Club

​[[“value”:”Private equity firm Nexus Capital Management will acquire the brand, though Unilever will keep a minority shareholder stake. “]]  View Original Article Results & Investment Unilever RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, […]
< 1 min read
0
Next