Tony D'Onofrio
Tony as Co-Host/Guest
Loss Prevention Research Council Weekly Series - Episode 108 - LIVE from NRF Protect 2022
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan
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
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
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
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
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
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
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
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
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%.
Loss Prevention Research Council Weekly Series - Episode 99 - Latest Retail Tech Study and America's Shoplifting Epidemic
With Dr. Read Hayes, Tony D'Onofrio, and Tom Meehan
84% of retailers report that revenues have increased over the past 12 months, and 42% say they have increased by more than 10%. More than half (57%) of retailers report an increase in tech expenditure compared to 2021 levels. 700 small businesses surveyed report that 54% had an increase in shoplifting last year. 23% said it happens daily.
The Future of Direct to Consumer (DTC): Expert Predictions
With Scalefast, Euromonitor, and Spiekerman Retail
What DTC will look like in the next 2-3 years. Critical steps DTC brands must take. Solutions that integrate infrastructure, ecommerce platform, and international ecommerce operations.
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?
Sponsored Content
Top 3 Weekly Essentials
Chain Store Age
Harvard Business Review
It is a Small World
There will be an Answer - Let it Be
Continuing our journey to learning something new, our next stop is the Rock N Roll Hall of Fame in Cleveland Ohio. This city was named after Moses Cleaveland, a surveyor from Connecticut who founded Cleveland in 1796 while surveying the Western Reserve.
Cleveland would go on to have the first electrified public square in 1879 (thanks to Charles Brush and his arc lamp), and become home to General Electric in 1892. It is also the city with the first indoor mall opening in the country in 1890.
Standing over Public Square is the Terminal Tower which when it opened in 1928, was the second tallest building in the United States. And if you needed some super inspiration, remember that Cleveland is where Superman was created by Jerry Siegel and Joe Shuster in the early 1930s.
Today, Cleveland is the home of the Rock & Roll Hall of Fame. The city’s own radio disc jockey Alan Freed both coined the term "rock and roll" and heavily promoted the new genre—and that Cleveland was the location of Freed's Moondog Coronation Ball, often credited as the first major rock and roll concert.
This photo is from the Rock & Roll of Fame featuring one of my favorite songs from the Beatles. “And when the night is cloudy there is still a light that shines on me. Shine until tomorrow, let it be.”
Categories
Brilliant Research
Retailers' Blind Spot for Holiday 2024
When asked about their top holiday concerns for 2024, retailers revealed a continued reliance on historical data for critical decisions, rather than leveraging current consumer feedback. Key uncertainties revolve around promotional strategies, understanding item volume drivers, and the potential impact of inflation. The outcome of the holiday season remains unpredictable, even from these insider’s perspectives. - From First Insights Read more
Smart Infographic
The Future of Retail in Asia-Pacific: From Turbulence to Resurgence
Insightful Videos
Why EV Leases Are So Cheap Right Now In The U.S. -CNBC
Automakers are offering steep discounts on electric vehicles, and especially on leases. In the first three months of 2024, less than a quarter of car buyers leased vehicles, but more than a third of EV buyers did. Read more
