Tony D'Onofrio
Tony as Co-Host/Guest
Loss Prevention Research Council Weekly Series - Episode 98 - State of USA Grocery Industry and Critical Tech for Growth
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan
Grocery sales projected to grow 7.2% in 2022, after growing 5.7% in 2021. 88% of Food/Grocery online sales still have a store fulfillment component, Grocery retailers cannot sustain 3-8% margin loss they experienced on digital orders compared to walk-in customers. BOPIS / Click and Collect saw massive increases with a 325% increase in share of retail revenues. Check out other critical retail tech for grocers.
Loss Prevention Research Council Weekly Series - Episode 97 - Metaverse / NFTs and The Continued Rise of E-commerce
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan
41% interested in connecting with others virtually in the metaverse. The top five metaverse brands are Meta/Facebook, Nike, Microsoft, Disney and Coca-Cola. More than half of respondents have heard of but not acquired NFTs. Top 10 global retailers. E-commerce will account for almost 40% of global retail sales by 2026 with store-based retail dropping to 60% from 69% of total sales.
Loss Prevention Research Council Weekly Series - Episode 96 - San Francisco Crime and Emerging Tech Surprising Start 2
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan
Burglaries in San Francisco are at their highest levels since the mid-1990s. City recorded nearly 100 instances of smashed windows and doors that cost $170,000 to repair. E-commerce will continue to grow double digit crossing $6 trillion worldwide by 2023. As of 2021, over 2 billion people worldwide shopped online. In 2021, just the top 5 largest smartphone markets crossed over 2 billion units in total usage.
Loss Prevention Research Council Weekly Series - Episode 95 - Latest Retail Technology Study with Innovation Priorities for 2022
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan
Revenue growth for USA retail is projected to be a respectable 6.9% in 2022. The top 3 tech priorities for 2022 are Upgrade CRM / Loyalty Programs, Personalize Customer Experience, and Inventory Visibility. The top 3 emerging technologies for 2022 are SD-WAN’s, RFID, and
Microservices. The latest data on where we are with 5G deployments worldwide. What were the three largest smartphone markets in the world in 2021?
Loss Prevention Research Council Weekly Series - Episode 94 - Amazon Logistics Costs and Retail Formats / Technology Firsts
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan
54% of retailers expect growth this year to be up to 5%. 32% expect it to be above 5%. At the margin level 38% expect it to be stable, 32% expect it to be higher, and 30% expect it to be lower. In 2011, Amazon spent 18% of net sales on logistics costs. In 2021, the logistics costs reached 32% of net sales. Then and now: First Department Store, Supermarket, Use of Barcode
Loss Prevention Research Council Weekly Series - Episode 93 - Deloitte the Top 250 Global Retailers 2022
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan
Seven out of the top ten global retailers are from United States. Two are from Germany and for the first time one is from China. The top 10 global retailers represented nearly 35% of total retail sales for the global top 250 retailers. On average they operate in nearly 13 countries.The total retail revenue of the Top 250 companies reached US$5.1 trillion in FY2020, an increase of 5.2% over FY2019 on a sales-weighted, currency-adjusted composite basis.
Loss Prevention Research Council Weekly Series - Episode 92 - Best Retail Employers and Winning Retailers Focus in 2022
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan
Congratulations to the 10 Best Large and Midsized retail employers to work for in 2022. Total retail spending around the world grew 9.7% to $26.031 trillion in 2021. Total USA retail sales increased a very robust 18% in 2021. The top retail challenges, pain points for both stores and online in 2022 are....Winning retailers technology spend focus is...
Loss Prevention Research Council Weekly Series - Episode 91 - Global Retail Development Index and AI Retail Trends
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan
57% bought something while watching a live stream on a social on a social media app. In 2021 USA social commerce sales rose by nearly 36% to $37 billion. Global retail development directly linked to the innovation, penetration, and acceptance of consumer and retail technologies. 65% of retail respondents said AI and ML are tech that are among the most mission-critical to their business strategy. 34% of retail respondents cite difficulties aligning AI/ML strategies to the business.
Small Business Digest - Tony D’Onofrio & Tom Kaczmarek
Hosted by Don Mazzella
Prosegur Security's Tony D'Onofrio talks about the changes in protecting inventory through today's new technologies. Tom Kaczmarek talks about how small businesses can better serve their customers through more effective technical tools.
Loss Prevention Research Council Weekly Series - Episode 90 - Global Risks for 2022 and USA Retail Returns Report 2021
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan
A majority of global leaders feel worried or concerned about the outlook of the world, and only 3.7% feel optimistic. Downtown Denver Business Owner to Charge 1% fee to Recover Shoplifting Losses. Total returns account for over $761 billion in lost sales for U.S. retailers. For every $1 billion sales, the average retailer incurs $166 million in merchandise returns. For every $100 in returned merchandise accepted, retailers lose $10.30 to return fraud.
Loss Prevention Research Council Weekly Series - Episode 89 - Disturbing San Francisco Store Closures and Top 5 NRF 2022 Innovation Takeaways
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan
Thank you for joining successful LPRC kickoff in NY. Compared to 2020, 22% used more frequently buy online pickup in store and 20% more curbside pickup. In 2022, 19% will shop in physical stores more, 51% the same, and 30% less. Disturbing store closures in San Francisco. Top 5 Innovation Takeaways from NRF Big Show 2022.
Loss Prevention Research Council Weekly Series - Episode 88 - LIVE from New York NRF 2022
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan
Live from New York its the CrimeScience Podcast Team at the NRF Big Show! Trends spotted. What it means for Loss Prevention and LPRC.
Loss Prevention Research Council Weekly Series - Episode 87 - ORC Crime Trends and the 2022 Top Consensus Predictions
Join LPRC Kickoff in NY. For every $330 worth of products stolen, a retailer has to sell an incremental $300,000 worth of goods to break even. 57% of retailers surveyed indicated a rise in organized retail crime during the pandemic. ORC costs retailers an average of $700,000 per $1 billion in sales. Best economy through COVID is....Predictions Consensus: What the Experts See Coming in 2022.
Loss Prevention Research Council Weekly Series - Episode 86 - 100 Year Old and the Latest 2022 Predictions
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan
Nearly 100 years ago, a group of deep thinkers dared to ponder what life would be like in 2022. In 2022 a complete meal may be taken in the shape of four pills. Anti-gravity screens would prevent airplanes from falling out of the sky. Looking forward to Some Predictions for 2022. Over half (57%) say it is likely many more people will live their lives in a virtual world. Three quarters (77%) expect a better year in 2022.
Loss Prevention Research Council Weekly Series - Episode 85 - Retail Predictions Revisited and Ten 2022 Security Megatrends
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan
NRF Retail predictions from 5 years ago: What did we get right? Machine learning will revolutionize retail. Bet on bots and conversational commerce. SIA Security Megatrends: The 2022 Vision for the Security Industry. 50% of data now stored in the cloud according to Statista. 98% of companies that had at least one cloud data breach in the past 18 months.
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It is a Small World
“Even monkeys can fall from their trees.” – Japanese Proverb
Continuing our global learning journey, our next stop is Tokyo Japan. Founded, in 1603, this city was once a small fishing village called Edo. In 1890, it became Tokyo which means Eastern Capital in English.
In Tokyo, you will find the world’s busiest intersection, the Shibuya crossing where 2,500 people cross the intersection, every time the lights turn green. This city also holds the record for the most Michelin starred restaurants at 212 places to enjoy amazing food.
Tokyo is the most populous city in the world with 37 million people. Uniqueness is everywhere, even in vending machines, where you can buy hot meals, fresh produce, and even umbrellas. There is one vending machine in the city for every two people.
Have lost count on the many times I visited Tokyo to experience their modern retail industry. This picture is from the New Otani Hotel gardens, a favorite during multiple visits.
As the Japanese proverb that opened this summary reminds us, no matter how accomplished we become, you can always make a mistake. Overconfidence can lead to missteps. Life is one sweet ride and Japan provides many reminders on how to enjoy it.
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Brilliant Research
Deloitte Global Retail Outlook 2024
After a prolonged period of suppressed consumer spending, macroeconomic and geopolitical uncertainty, and rapid changes in consumer behavior (among other things), the global retail industry stands at a crossroads; forced to make decisions about long term investments in new technology and business models while at the same time managing the rising cost of doing business and a decline in the spending power of consumers. - From Deloitte Insights Read more
Smart Infographic
The World's Top Flight Routes by Revenue
In 2024, a record 4.7 billion people are projected to travel by air—200 million more than in 2019. While revenues surged to an estimated $896 billion globally last year, airlines face extremely slim margins. On average, they made just $5.44 in net profit per passenger in 2023. Today, the industry faces pressures from high interest rates, supply chain woes, and steep infrastructure costs. - From Visual Capitalist
Insightful Videos
The World Ahead 2024: five stories to watch out for
From the biggest election year in history, to how to control AI and even taxis that fly, The Economist offers its annual look at the world ahead. Read more
