Although nobody outside of the company has a precise idea of the costs and difficulties involved in fitting out a store, what we can say for certain is that even with Amazon’s inexhaustible budgets, deploying thirty stores has taken over three years.
The Unshrink: In Practice event on Thursday February 25th was a great success. Thank you very much to those of you that were able to attend. You can watch the session again here,
Join us on Thursday February 25th at 3pm GMT - 10am EST as our panel tries to strike a balance between maximising the efficiency of store operations while minimising the risk of losses.
Our recommendation is that if your provider has any facial recognition components, or if you are unsure where their training data comes from, you have a long talk with them and then have a longer conversation with us.
Our customers have told us how the data we gather has changed their perceptions about sources of loss within their stores. Here Chris Bell, our Head of Marketing, lays out three assumptions about how staff behaviour leads to loss.