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Solving the complex problem of retail crime requires a framework of solutions. Technology does play a major role, but alone, it is only a tool and needs supplementary support.

The latest USA National Retail Federation Security Survey is out and many of the statistics are once again disturbing. Source: nrf.com/research-insights/national-retail-security-survey

It is time to reveal my top 5 retail predictions for 2025. First represents a $9.2 trillion worldwide opportunity to enhance retail sales, improve gross margins, and lower the cost of operations by the end of the decade. For more in depth analysis, visit: tonydonofrio.com/ Sources: www.eiu.com/n/campaigns/consumer-goods-and-retail-outlook-2025/ www.ihlservices.com/product/intelligent-commerce-i...

Example from NRF 2025 on how digital will increase its presence inside physical stores.

Consumer trust in companies is at its lowest point in recent years, and advances in AI make earning that trust more critical than ever. Where do we currently stand? Sources: www.salesforce.com/news/stories/ai-customer-research/

Which stores do shoplifters prefer? What should be the punishment? Sources: www.lendingtree.com/debt-consolidation/shoplifting-survey/

The Winner for the 8th Year in a row is not a surprise. The gap in pricing between the top companies is shrinking, however. Sources: chainstoreage.com/study-amazon-still-has-lowest-online-prices-us-14-price-advantage www.statista.com/chart/14887/amazon-quarterly-profit/ www.cleanpng.com/

What's the impact of locking up all those products in retail stores? Are consumers willing to wait for help? What other choices do they pursue? Sources: www.numerator.com/resources/report/unlocking-shopper-reactions-to-secured-products/#download_section_form

Is the Key to happiness being married, children, lots of friends, or a great career? Sources: www.pewresearch.org/social-trends/2023/09/14/what-makes-for-a-fulfilling-life/

Technology and AI will continue to play major roles in the successful evolution of the retail industry. Check out where it is already popular in retail. Sources: RIS News

One third of the problem is overstocks or ordering too much and eventually have to deep discount that inventory. Over two thirds of the problem is being out of stock with empty shelves being the primary reason. Sources: IHL Services

What are the top strategies that will deliver a successful future of retail? Which are the most important technologies that will drive business model differentiation? What should be the objectives of these strategies and technologies to drive profitable growth?

Technology enabled consumers will demand more from stores and the magic will be when a technology enabled store associates can provide immediate customer satisfaction to customer needs.

Where are retailers planning to invest in technology to drive growth? Fully agree with the top 3, although number 4 is also very important. Sources: RIS News

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