India Retail News

Retail Loss Prevention: Using Wireless to Stop the Stealing!

Frost & Sullivan

The North American Industry Classification System (NAICS) segments the retail space into the two main categories of retailers - Store and Non-store retailers. Store retailers operate point-of-sale locations that are located and designed to attract walk-in customers. Non-store retailers, on the other hand, employ different retailing methods for their outreach and sales initiatives, including broadcasting and publishing of direct-response advertising, the publishing of paper and electronic catalogs, distribution through vending machines, stalls and door-to-door sales, and others. This paper focuses on the benefits of wireless for loss prevention for Store retailers that display and sell merchandise to the general public through fixed point-of-sale stores.