VISIONARY TECHNOLOGY LEADERSHIP

Top 25 Retail Website / Global Retail Influencer

 

Tony as Co-Host/Guest

 

Loss Prevention Research Council Weekly Series - Episode 156 - USA Retail Performance and World Most Valuable Brands
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan

Loss Prevention Research Council Weekly Series - Episode 156 - USA Retail Performance and  World Most Valuable Brands

With inflation factored in, only three sectors had positive growth: drug stores up 3.6%, restaurants up 4.4% and online non-store retail which was up 3.9%. Amazon most valuable global brand in 2023 according to Brand Finance. In the year 2075, the number 1 economy is expected to be China, followed by India, and USA drops to third place. Twitter rival Threads loses 75% traffic 15 days after launch.

 

Loss Prevention Research Council Weekly Series - Episode 155 - Back-to-School and Accelerated Digital Transformation
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan

Loss Prevention Research Council Weekly Series - Episode 155 - Back-to-School and Accelerated Digital Transformation

USA families with students in kindergarten through 12th grade will spend 10% less on back-to-schoolitems. Spending for the season will reach $31.2 billion. Digitally mature companies are 23% more profitable than their less mature peers. The success rate of digital transformation is below 30%. Through mobile devices, by 2030, 64% of the global population will have access to the Internet. The 4th megatrend transitioning retail to be announced soon.

 

Loss Prevention Research Council Weekly Series - Episode 154 - Crime Trends, More Self-Checkout Challenges, and Threads
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan

Loss Prevention Research Council Weekly Series - Episode 154 - Crime Trends, More Self-Checkout Challenges, and Threads

When does crime prevention turn into sales prevention? Self-checkout theft causing problems for Canada's retailers and shoppers who despise receipt checks. Threads Shoots Past One Million User Mark at Lightning Speed.

 

Loss Prevention Research Council Weekly Series - Episode 153 - More Retail Crime, Amazon Go Closings, and AI
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan

Loss Prevention Research Council Weekly Series - Episode 153 - More Retail Crime, Amazon Go Closings, and AI

Costco cracks down on sharing membership cards. Police recover $7 million worth of Nike sneakers in Torrance shoe bust. Amazon Go stores closures continue. Wharton Consortium for Operational Excellence in Retail. Consumer confidence jumps in June. What will artificial intelligence do for us in the future.

 

Loss Prevention Research Council Episode 152 - The AI Disruptive Future of Retail
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan

Loss Prevention Research Council Episode 152 - The AI Disruptive Future of Retail

This week, our hosts discuss growing issues in retail from lowered sales due to inflation, inventory distortion, shrink and violence on the rise, and the Amazon effect. Also this week, a new two-factor scam to be aware of as well as more current events!

 

Loss Prevention Research Council Weekly Series - Episode 151 - NRF Protect 2023 Review
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan

Loss Prevention Research Council Weekly Series - Episode 151 - NRF Protect 2023 Review

Thank you NRF and David Johnston. Congrats to Ring of Excellence, Read Hayes, Joan Manson, Chad McIntosh, Chuck Miller, and Keith White. 75% of consumers extremely to very concerned if retailers raise prices to cover cost of theft. 36% have stopped shopping at certain stores due to safety concerns. 26% would shop elsewhere and if their local store puts items under lock and key.

 

Loss Prevention Research Council Weekly Series - Episode 150 - The $9.2 Trillion Retail Economic Impact from AI Through 2029
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan

Loss Prevention Research Council Weekly Series - Episode 150 - The $9.2 Trillion Retail Economic Impact from AI Through 2029

Dollar Tree is considering locking up product due to theft. Ulta Beauty Sales Grow 12.3%, Although Theft is a Serious Concern. Worldwide, IHL is forecasting that the overall economic impact worldwide in retail from AI through 2029 will be $9.2 trillion dollars. The impact of AI in the coming seven years will be even a more significant advantage to larger retailers. Four retail segments will benefit the most from AI investments.

 

Loss Prevention Research Council Weekly Series - Episode 149 - Retail Shrink Challenges, Retailers' Earnings 5 Takeaways, Apple Market Share
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan

Loss Prevention Research Council Weekly Series - Episode 149 - Retail Shrink Challenges, Retailers' Earnings 5 Takeaways, Apple Market Share

The three major challenges which from discussions with technology companies and retailers have been elevated as the highest USA priorities for loss prevention are active shooter, safety, and organized retail crime. Locking up merchandise to reduce shrink reduces revenue and increasingly drives consumers to alternate retail models. Five takeaways about the consumer from Walmart, other retailers after a big week of earnings. Apple in the Smartphone Market: Win Where it Matters.

 

Loss Prevention Research Council Weekly Series - Episode 148 - Latest Retail Shrink Survey, San Francisco Store Closures and State of USA Economy
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan

Loss Prevention Research Council Weekly Series - Episode 148 - Latest Retail Shrink Survey, San Francisco Store Closures and State of USA Economy

81% reported an increase in retail shrink in 2022. Total apprehensions increased 45.6% and total recovery dollars from these apprehensions increased 70.5% in 2022. Shoplifter apprehensions and recovery dollars from those apprehensions increased significantly in 2022, up 50.9% and 90.5% respectively. Retail sales have fallen steeper in San Francisco than any other county in California. USA GDP growth slowed to a modest 1.1% annual rate from the average 3% in the previous two quarters.

 

Loss Prevention Research Council Weekly Series - Episode 147 - Top 5 USA 2023 Grocery Chains and Future of Jobs with AI
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan

Loss Prevention Research Council Weekly Series - Episode 147 - Top 5 USA 2023 Grocery Chains and Future of Jobs with AI

Top five USA grocery chains are Walmart, Amazon, Costco, Kroger, and Target. Due to crime, Giant Foods is now limiting self-checkout kiosks to 20 items per customer and closing at 10 PM in some stores. Around 40% of all working hours could be impacted by AI large language models such as ChatGPT-4. With AI 50% of organizations believe it will result in job growth and 25% think it will create job losses.