Diebold Nixdorf Launches AI-Powered Solution to Combat Shrink
Latest smart-vision technology curbs loss related to theft and error while also enhancing produce and alcohol purchase practices
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Latest smart-vision technology curbs loss related to theft and error while also enhancing produce and alcohol purchase practices
Grabango research finds partial shrink is a major issue at food retail
Big-box retailers such as Target, Walmart, and Home Depot have all blamed theft and retail shrink for their dismal earnings report, but Best Buy has seemingly bucked the trend, telling investors their stores have remained relatively stable.
Retailers across the country have been getting pummeled by theft both in-store and online — but a new report suggests the same businesses that blamed organized theft for cutting into their profits may have actually been overstating how much is stolen as cover for internal issues such as employee theft.
If location, location, location is the key to retail success, then San Francisco is doomed as a destination for shoppers, visitors and guests from near or far.