According to the Council on Criminal Justice, shoplifting increased 24% in early 2024, pushing retailers to enhance security measures to protect their assets.
Retailers must rethink their strategies in response to a reported 13.2% increase in inventory shrink due to theft, seeking advanced solutions for effective asset protection.
Real-time data on inventory can help managers detect shrink trends effectively, transitioning from traditional monthly analysis to immediate insights, enhancing overall retail security.
Robotic technologies present a promising solution for shrinking assets, acting as both a deterrent and a monitoring system for retailers during operational and post-business hours.
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