Citing data from the National Retail Federation, Toshiba said retail shrink accounted for $94.5 billion in losses in 2021 in the United States and continues to be a critical challenge for retailers.
SpartanNash is expanding its use of Upshop’s AI-powered Magic application to optimize localized inventory, bolster efficient merchandising strategies, and improve sustainability, according to the company.
According to The Grocer’s Sustainability Playbook, being a more environmentally responsible retailer typically means being a more effective and profitable one.