The retail sector remains one of the industries most susceptible to crime. In total, retail businesses experienced losses of $112.1 billion in 2022 due to criminal activities, according to the National Retail Federation’s (NRF) most recent National Retail Security Survey—an almost 20 percent increase from the $93.9 billion reported in 2021.
In order to stay ahead of the curve and effectively combat security threats, retailers need to explore innovative solutions that complement their existing security strategies. One such solution is the integration of Flock Safety license plate recognition (LPR) and audio detection technology. By incorporating these advanced connected technologies, retailers can enhance their ability to prevent crimes, improve investigations, enhance the customer experience, and lower shrinkage. Learn more in this whitepaper!