Retail companies are witnessing a steep rise in shrinkage and players like Co-op Supermarkets are taking the situation head on. In the backdrop of a 44% increase in retail crime, Co-op has started
Visual AI could be a true game changer for retail companies as it can detect suspicious activities in real-time and help curb shrinkage. However, retail loss prevention teams are still engaged in discussions
Sainsbury’s has taken the lead with a recent announcement which talks about rolling out Visual AI in their network of stores across the UK (see news). Other retail companies are in advanced
Retail Shrinkage is a significant concern for retailers, with losses topping billions of dollars each year for the industry. Most retailers tend to react to losses after they occur. In this article, we&
False positives are the bane for security products and technologies. They tend to take the focus away from the prevention of incidents. Teams and personnel end up working overtime to ensure that product
