FAQs
- Total Retail Loss
- What are the barriers to adopting Total Retail Loss?
- What do I need to think about to introduce Total Retail Loss?
- What are the benefits of adopting Total Retail Loss?
- What are the types of loss in the Total Retail Loss Typology?
- What are the types of loss in the Total Retail Loss Typology?
- How is it different to other ways of measuring Retail Loss?
- How do retailers use the TRL Typology?
- What is meant by the term shrink or shrinkage?
- What are the ‘fours buckets’ of loss?
- Why does the industry still use the terms shrink or shrinkage?
- So, is shrink or shrinkage really just measuring unknown stock loss?
- Should retailers still use this term to describe their losses?
- What is the definition of shrink or shrinkage?
- Why Was Total Retail Loss Developed?
- How is shrink or shrinkage measured?
- What is Total Retail Loss?
- What’s the problem with using this term?
- Don’t the industry surveys show what causes of shrink or shrinkage are?
- How has EAS evolved over time?
- What is Electronic Article Surveillance (EAS)?
- Self Checkout
- How do self-checkouts create retail loss?
- What is the scale of losses at fixed self-checkouts?
- How can retailers prevent retail losses with Mobile Scan and Go self-checkouts?
- How can retailers prevent retail losses at fixed self-checkouts?
- What is scan avoidance technology?
- How can mis-scanning be controlled?
- Why do retailers offer shoppers self-checkouts?
- What are self-checkouts?
- How many retailers are using each type of self-checkout?
- Why do self-checkouts create retail loss?
- What are the types of self-checkouts?
- RFID in Retail
- Food Waste
- Inventory Accuracy
What are the future use cases for RFID in retail?
The ECR research found that retailers were looking at the following areas as potential areas for further developing their use of RFID:
Using the technology in fitting rooms and with ‘Magic Mirrors’; greater use of RFID along the entire supply chain; broadening coverage across more SKUs and locations; improving data collection interfaces and data integration in the business; improving tags, in particular how they are attached to various products; exploring how overhead readers may be used in the future; delivering checkout-less stores; and creating seamless merchandise visibility with a range of technologies beyond just RFID.
Upcoming Events
Recent Research Papers
- Self Checkouts - Usage, Impact and Controls
- RFID - Insights on Innovation
- Design Thinking to Improve Self-Checkout Losses
- Contracts - Their Role in Food Waste Prevention
- Video in Retail
- Inventory Record Accuracy
- Self Checkout: Measuring the Impact
- Collaboration for Food Waste Prevention
- No such things as a Free Return
- Total Retail Loss
- RFID - Retailer Case Studies
- Sell More, Waste Less
- Employee Engagment and Retail Loss
Latest Blogs
Our Latest news
Introducing New ECR Board Member, Stephen Teatum
2023 Video in Retail Innovation Summit - May 17th & 18th