In a bold move to enhance security, Iceland’s boss considers using facial recognition technology in their stores.The initiative aims to address the surge in retail crime,…
Browsing: retail crime
Iceland’s chairman, Richard Walker, emphasizes his willingness to adopt facial recognition technology to reduce retail crime, prioritizing worker safety.The announcement was made on LinkedIn, highlighting the…
The government plans to scrap the £200 shoplifting threshold to address rising retail crime.Current legislation views shoplifting under £200 as a minor offense, deprioritizing police response.New…
The 2024 Budget has stirred significant responses across the grocery industry.Business rates will see a permanent reduction for retail, but concerns about potential disparities remain.Retail crime…
In a significant economic announcement, Chancellor Rachel Reeves unveils her first Budget, presenting notable changes impacting businesses and workers.Reeves ensures no increase in National Insurance, VAT,…
Businesses in Tewkesbury are collaborating to address rising high street crime.The Tewkesbury Safe scheme has seen participation from nearly 30 local organizations to tackle issues such…
Theft incidents in retail stores have surged to record levels in the UK, accounting for two thefts per minute as reported by police.In the year leading…
Co-op’s latest technological initiative addresses rising retail crime through the use of artificial intelligence.AI systems are being trialed in 14 stores to identify offenders and assess…
Recent figures from Scotland’s Chief Statistician reveal a concerning spike in shoplifting, highlighting a 34% increase in retail crime.Shoplifting offenses have surged to 40,554 incidents in…
Recent data reveals a significant surge in shoplifting incidents, marking a disturbing trend for retailers and law enforcement alike.In the year ending March 2024, shoplifting has…