Industry News

Retailers are increasingly using generative AI to enhance loss prevention strategies by accelerating investigations, linking cases, and supporting law enforcement in the fight against ORC.

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117 Arrested in California During Statewide Holiday Retail Theft Blitz | CVS Delivery Driver Carjacked, $100K in Meds Stolen | Louisville CBP Seizes $18M in Counterfeit Luxury Goods

A large portion of crimes known to retailers are never reported to law enforcement—this means that these incidents will never show up in the official crime statistics that most in the media and policymaking often cite.

Retailers face significant losses due to theft and organized crime, but implementing digital evidence management systems (DEMS) can improve efficiency, enhance data security, and streamline the evidence handling process, helping to reduce costs and mitigate risks.

Trigo Vision Ltd, a leading innovator in AI-driven retail solutions, has announced a significant evolution in its technology suite, introducing a CapEx-free loss prevention solution that promises to transform retail security and customer experience across multiple retail settings.

A survey by LiveView Technologies reveals that parking lot safety concerns significantly influence shopping habits, with many consumers feeling unsafe in these areas during the holiday season.

Sack, who has served as the division’s CEO most recently, has renamed the newly-independent company Global Security Solutions.

Retail sales remained strong in November, with data from the US Census Bureau and NRF showing solid growth despite the late timing of Thanksgiving, supporting expectations for a successful holiday season.

New Study Shows Shoplifting Is Up 93% Since Before COVID-19 | Macy’s Probe Found Employee Acted Alone in $151M Accounting Scandal | Spokane City Council Approves $90K Grant to Combat ORC