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AI-Powered Store Intelligence Shines a Light on Shrink

Retail TouchPoints

JUNE 21, 2023

Theft, store associates mislabeling items and products getting damaged in a warehouse or store are three human examples that unfortunately impede profits. Essentially, a smarter store can shine a light on shrink and recommend ways to prevent and limit losses. billion in losses, an increase from $90.8 billion in 2020.

Loss Prevention 244
Loss Prevention Checkout Marketing ATS 244
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Enhance Your Retail Store Security With These Strategies

Retail Minded

JUNE 3, 2023

For one, retail theft and other security issues can damage your brand reputation and lead to significant financial losses. The National Retail Federation’s (NRF) annual survey, for instance, revealed retail shrink or merchandise losses reached USD$ 94.5 billion in 2021.

Checkout 98
Checkout ATS 98
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