Expired Products and Shrink

Less is More: 3 Reasons Less Choices For Consumers Leads to More Sales

According to Insights from the 2021 Dunnhumby Retailer Preference Index, shoppers correlate speed of transaction (i.e. the time from entering to exiting a retailer) with safety. So, retailers with efficient floor plans and speedy checkouts saw an increase in consumer satisfaction in 2020 due to fear caused by COVID-19.  It’s clear that consumers are looking…

The Top 5 Asset Protection and Loss Prevention Problems Faced by Supermarkets During the Holiday Season

This week’s post is an excerpt from our eBook, The Top 5 Asset Protection and Loss Prevention Problems Faced by Supermarkets During the Holiday Season. To read more, please download our eBook here.  Like other retailers, grocers and supermarkets find the holidays to be one of the most prosperous seasons of the year. But with…

MCA & Date Check Pro Announce North American Partnership

Pinpoint Software Inc. and MCA (Merchandising Consultants Associates) announced a strategic North American Partnership to help grocery retailers and manufacturers better manage product expiry dates in-stores. Madison, Wisconsin – November 18rd 2020 Pinpoint Software, Inc., provider of the leading expiration date management solution for grocery stores, Date Check Pro and MCA (Merchandising Consultants Associates), a…

How to Eliminate Shrink This Holiday Season

Like other retailers, grocers and supermarkets find the holidays to be one of the most prosperous seasons of the year. But with more store traffic comes greater pressure to protect store assets and prevent loss. Along with more sales, the holidays also bring a dramatic increase in property crimes and theft including shoplifting. Larger U.S….

The Top Expired Product Culprits Per Category

For shoppers, there’s nothing worse than opening up your fridge and finding that your recently-purchased groceries have already gone bad. For grocers, there’s nothing worse than losing a customer due to failing to provide the freshest food. While expired shrink can come from any department, the following products are the top culprits of expired shrink…

Blocking & Tackling: Principles, Policies, and Tactics for Crushing Shrink and Creating a Loss Prevention Culture

This week’s blog post is an excerpt from our eBook Blocking & Tackling: Principles, Policies, and Tactics for Crushing Shrink and Creating a Loss Prevention Culture.  The phrase “blocking & tackling” is commonly used to reference a commitment to excellence on the fundamentals of the game. While every loss prevention manager is aware of these…

The Product Expiration Blind Spot

The Product Expiration blind spot at supermarkets today are caused by multiple issues that include: A Lack of Priority from Management and Associates at the Store level A Lack of Urgency to Implement Solutions at the Corporate level Trends of Increased Product Line Expansion Current Ineffective Solutions In this article, we unpack these four issues…

How Plant-Based Products affect Expired Loss

With every new grocery trend comes a necessary round of conversations: “Who will our distributors be?” “How are we going to market this product category?” “Where should it be merchandised in our stores?” There’s one question that is usually left out of these conversations, but could have the largest impact on your bottom line: “How…

How Date Check Pro Can Make Your Expiration Date Process More Effective

Expiration date management is a necessary process in a grocery store. Consumers are more knowledgeable than ever about their health and the impact that fresh products can have on their wellbeing. They’re checking labels, and they don’t always like what they see. Our research shows that 35% of shoppers are extremely likely to stop shopping…

How Personalization Data Will Help You Decrease Shrink

Reducing shrink in a grocery store can seem like an almost impossible task. While the retail industry in general is plagued with loss prevention woes, grocery can be even more difficult to monitor simply because of the nature of its products. Customers can eat products before purchasing them and items can even go bad on…