Retail chains in the UK invested £1.8 billion in 2024 as they increased their spending on hiring additional security personnel, and adopting more CCTVs, implementing anti-theft technologies and bodycams. The surge in
Artificial Intelligence (AI) is no longer confined to the realms of lab research projects. Over the past several decades, AI has matured into a key technology solution that provides significant productivity and financial
The retail sector in the UK is facing an unprecedented storm. Recent reports highlight a sharp dip in sales across the industry. This, coupled with rising instances of retail theft and violence, presents
Over the past several years, retail chain stores have been witnessing higher rates of shoplifting. According to Tom Ironside, Director of Business Regulation at the British Retail Consortium, the losses have now become
Brazen shoplifting is on the rise, with thieves becoming increasingly emboldened as very few are apprehended. To complicate matters further, self-checkout (SCO) counters, which were introduced to provide customers with frictionless shopping and