It is expected that at least £10m worth of food, drink and last minute gifts will pass through Britain’s supermarket checkouts every hour over the course of the day. Around a third of this will be accounted for by customers scanning their own shopping.
Theft from shops is a growing problem - globally, losses are over $100Bn and the number is increasing year on year. In the UK, the police estimate that there are around 7 million shop theft incidents per year. Comparable statistics put the number in the US at around 200 million.
According to ECR Europe, on-shelf availability is extremely important to customers, but despite all of the investment in supply chain and stock management systems, new measuring and monitoring protocols, and even AI assisted inventory predictions, stockouts remain stubbornly persistent.
SAI Group has been highlighted as one of the most innovative retail tech
companies from around the world and is invited to exhibit at the Innovation Lab
during NRF’s Big Show, taking
2021 has been a tough year for retailers, and now a trend towards greater losses from stores is threatening to compound the global stresses that have caused supply chain issues and staffing shortages.
