VISIONARY TECHNOLOGY LEADERSHIP

Top 25 Retail Website / Global Retail Influencer

 

Tony as Co-Host/Guest

 

Loss Prevention Research Council Weekly Series - Episode 114 - Consumer Perspectives on the Metaverse and Inflation
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan

Loss Prevention Research Council Weekly Series - Episode 114 - Consumer Perspectives on the Metaverse and Inflation

Men (73%) are more likely than women (62%) to visit metaverse destinations. Women more likely to use metaverse as a virtual showroom, browsing products digitally before returning to physical world to make purchases (25% women vs. 18% for men). More than half (53%) of consumers say their financial condition is worse in 2022 than it was in 2021. Nearly a third believe it will deteriorate over the next 12 months. Consumers think they’ll be living with higher prices for 600+ more days.

 

Loss Prevention Research Council Weekly Series - Episode 113 - Retail Crime Trends and Violence
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan

Loss Prevention Research Council Weekly Series - Episode 113 - Retail Crime Trends and Violence

USA retail crime results in $125.7 billion in lost economic activity and 658,375 fewer jobs, paying almost $39.3 billion in wages and benefits to workers. ORC costs retailers an average of $720,000 for every $1 billion in sales as of 2020, up from $450,000 five years earlier. 86% said that an ORC criminal has verbally threatened an associate with bodily harm. 2021 was another violent retail year in USA retail with incidents up 9% and fatalities up 14% from the previous year.

 

Loss Prevention Research Council Weekly Series - Episode 112 - Inflation impact on Amazon Prime Day / June Retail Sales and Top 10 Countries at Default Risk
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan

Loss Prevention Research Council Weekly Series - Episode 112 - Inflation impact on Amazon Prime Day / June Retail Sales and Top 10 Countries at Default Risk

Starbucks will close 16 U.S. stores by the end of July because of safety concerns. In Seattle, property crimes are up nearly 20%. In Los Angeles, property crimes are up citywide more than 14%. Countries with the highest risk of default in 2022 include....Prime members bought more than 300 million items, but inflation drove choices. USA retail sales in June rose 7.7% year over year, but it feels it was an inflation story.

 

Loss Prevention Research Council Weekly Series - Episode 111 - Convenience Stores Research and USA Violence
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan

Loss Prevention Research Council Weekly Series - Episode 111 - Convenience Stores Research and USA Violence

6 in 10 consumers consider purchasing a meal from a convenience store when stopping for fast food. 1 in 3 will drive away if there’s a single car ahead of them at the pump. Nearly half will walk out of a c-store if one or two people are in line at the register. Which smartphone are we happiest and most loyal to? In the past 7 weekends since, these 15 major cities experienced 860 shootings with 276 people killed and 896 people injured.

 

Loss Prevention Research Council Weekly Series - Episode 110 - The Latest Retail Statistics Including Headwinds
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan

Loss Prevention Research Council Weekly Series - Episode 110 - The Latest Retail Statistics Including Headwinds

More spending is expected in physical retail than ecommerce in 2022 ($702 billion versus $604 billion), despite its slower growth rate. 2022 will mark a major milestone worldwide with e-commerce sales crossing $5 trillion for the first time. 73% of businesses are currently selling via social media, with that number expected to rise to 79% in the next three years. 61% of customers want to try products in person before making a purchase. The top 3 issues that retailers are facing are ....

 

Loss Prevention Research Council Weekly Series - Episode 109 - Top 5 Most Valuable Retail Brands and Inflation Impact
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan

Loss Prevention Research Council Weekly Series - Episode 109 - Top 5 Most Valuable Retail Brands and Inflation Impact

73% of people prefer brands that personalize shopping experiences.Brands with poor company branding pay 10% higher salary. Seven out of the 10 highest value brands are from the United States. Just keep your returns: Stores weigh paying you not to bring back unwanted items. The biggest cutbacks are in driving (52%), large purchases (47%), travel (46%), entertainment (50%) and clothing or other goods (42%).

 

Loss Prevention Research Council Weekly Series - Episode 108 - LIVE from NRF Protect 2022
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan

Loss Prevention Research Council Weekly Series - Episode 108 - LIVE from NRF Protect 2022

Live from Cleveland, the latest tech news, protests, inflation, stagflation, and much more.

 

Loss Prevention Research Council Weekly Series - Episode 107 - Global Economic Forecasts And The Success of LP Technologies
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan

Loss Prevention Research Council Weekly Series - Episode 107 - Global Economic Forecasts And The Success of LP Technologies

Global real GDP growth is expected to decline to 1.8-3.6% in 2022 and to 1.8-4% in 2023, after 6% growth in 2021.Global inflation is expected to increase to 6.8-9% in 2022, before declining to 3.8-6.3% in 2023. It might be surprising, but the original purpose of the cash register was to stop theft.  London is now the number 2 most CCTV surveilled city in the world with 1,138.48 cameras per square mile. On multiple levels EAS was really the first item level technology applied to consumer products.

 

Loss Prevention Research Council Weekly Series - Episode 105 - Shoplifting, Top Supply Chain Retailers, and Common Cyber Crimes
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan

Loss Prevention Research Council Weekly Series - Episode 105 - Shoplifting, Top Supply Chain Retailers, and Common Cyber Crimes

Shoplifting apprehensions were down 16.2% in 2021, while overall shoplifting recoveries (from apprehended and non-apprehended thieves) were up a staggering 30.8%. Nearly 27% of high risk applicants said they could be tempted to steal from their employers. Nine retailers make Gartner top global supply chain list. The most common types of cyber crimes.

 

Loss Prevention Research Council Weekly Series - Episode 106 - Mass Shootings, Data Breaches and USA Economic Forecast
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan

Loss Prevention Research Council Weekly Series - Episode 106 - Mass Shootings, Data Breaches and USA Economic Forecast

Active shooter incidents identified by the FBI in 2021 represents a 52.5% increase from 2020 and a 96.8% increase from 2017. Not a single week in 2022 has passed without at least three mass shootings. Average cost per data breach for companies in 2020 was $4.2 million, which represents a 10% increase from 2019. In 2021, a new record was set with more than 5.9 billion user records stolen. GDP growth in the USA is projected to climb 2.6% in 2022 and another 2.1% in 2023.

 

Loss Prevention Research Council Weekly Series - Episode 104 - Zara Charges for Returns, Amazon's 1st apparel store, Walmart Launches Drones
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan

Loss Prevention Research Council Weekly Series - Episode 104 - Zara Charges for Returns, Amazon's 1st apparel store, Walmart Launches Drones

Zara in the UK has started charging a fee of £1.95 ($2.39) to return merchandise via mail bought online. Returns cost retailers an average of 21% of their order value. Lidl Reaches 100 billion euros in sales. Amazon opens first physical apparel store. Drones to deliver to 4 million households for Walmart.

 

Loss Prevention Research Council Weekly Series - Episode 103 - Top 3 2022 Retail Tech and Good News on Store Openings
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan

Loss Prevention Research Council Weekly Series - Episode 103 - Top 3 2022 Retail Tech and Good News on Store Openings

China retail sales fell by 11.1% in April from a year ago, more than the 6.1% decline predicted in a Reuters poll. The top 3 technology priorities for all retailers for 2022 are No.1 Inventory Visibility, No.2 refresh POS infrastructure), and personalize customer experience. In the first three months of 2022, major USA HQ retailers announced plans to open about 4,400 stores, , and to close about 635 stores, down from about 2,100 closing announcements in the first calendar quarter of 2021.

 

Loss Prevention Research Council Weekly Series - Episode 102 - Baby Formula Shortage, Second-Hand Hot Buys, Record Imports, and We Love Stores
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan

Loss Prevention Research Council Weekly Series - Episode 102 - Baby Formula Shortage, Second-Hand Hot Buys, Record Imports, and We Love Stores

40% of America’s Baby Formula Supplies are out of Stock in April, up from 29% in March. Top two categories consumers are buying second-hand are clothing and shoes. Retail imports at the nation’s major retail container ports set a new record this spring and are expected to see near-record volume this month. More than half of all USA consumers would rather shop in-store than by any other method.

 

Loss Prevention Research Council Weekly Series - Episode 101 - Happiest Countries, Trends Reshaping Retail and USA Organized Retail Crime
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan

Loss Prevention Research Council Weekly Series - Episode 101 - Happiest Countries, Trends Reshaping Retail and USA Organized Retail Crime

Canada ranks first as the happiest country in North America. In Europe, Finland is not only the happiest country, but it also takes the top spot as the happiest country in the world. The 10 competing forces reshaping retail. Organized Retail Crime cases were up 10% in 2021 over 2020. Hardware and clothing were the highest categories stolen by ORC.

 

Loss Prevention Research Council Weekly Series - Episode 100 - LIVE from RILA Asset Protection Conference 2022
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan

Loss Prevention Research Council Weekly Series - Episode 100 - LIVE from RILA Asset Protection Conference 2022

CONGRATULATIONS on episode number 100. Highlights and success of RILA 2022 conference. Latest on COVID. Going to the movies with crypto money. 1st Metaverse Physical Store. Retail Fatalities.In 2021, there were 595 total fatalities in the US which is up 14% on 2020.  Fatalities are up 59% from 2016. 53% were customers which were up 24%, 26% were store associates up again 24%.