This week Colin Peacock is joined by Professor Adrian Peacock to reflect on our SCO innovation summit in Brussels earlier this year. We discuss the latest innovations in self-checkouts, and the ongoing energy among retailers to drive change.

Over 70 retailers participated in the meeting, hosted by Carrefour - with an agenda that included store visits, speed dating with innovators, deep dive retailer case studies on technology, design and people and an informal network evening.

Here are the highlights.

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To markdown or not to markdown? On the day [of expiry date] or some days before? Merchandised in the aisle OR a dedicated markdown location? Labels and / or ESL's? To use dynamic pricing or a simpler fixed discount table?

This week Colin Peacock is joined by Richard Thaleman to tackle the challenges of markdown strategies.

They discuss when to apply markdowns, where to display discounted items, and how different pricing approaches and technologies like ESLs impact sales, profitability, and food waste reduction.

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This week Colin Peacock is joined by Professor Adrian Peacock to explore innovations in retail security and security guards,

They discuss how retailers are rethinking the role of security guards, weighing the benefits of extra store associate hours versus security personnel, and examining ideas like community guards.

Retailers spend millions, and some hundreds of millions on security guards. In our mini benchmark study, 81% of the thirty six retailers who responded shared that their budget for guards will increase and at least, stay the same over the next 12-18 months.

Yet retailers remain agitated about the role security guards play, and troubled by the difficulty in being able to accurately determine their return on investment.

Each year, we get a chance as a working group to hear from the retailers in the group and over 120 registered for this year's meeting to swap notes and hear new ideas from their peers.

This week's podcast summarises those discussions: New thinking when it comes to security guards.

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