“We are very proud to have been selected to become part of Microsoft Founders Hub. It is a tremendous validation of the work we have put in and the milestones we have achieved along our journey”, said Som Sinha, CEO of SAI Group
In the UK, a violent incident is experienced by retail workers roughly every 5 minutes. In fact, the British Retail Consortium Crime Survey 2021 found that during a typical trading day, staff experience abuse and violent incidents more than 50 times an hour.
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.
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.
Global effects are building that could cause a perfect storm for Loss Prevention professionals around the world.