Tag: shoplifting

Shoplifting Has Become a $100B Problem for Retailers

The good news is the waning pandemic has allowed consumers to return to in-person shopping; the bad news is the return has been coupled with a sharp rise in retail shoplifting theft, a $100 billion …

Why Wegmans Was Forced to Abandon Scan-and-Go App

Wegmans, regrettably, has decided its scan-and-go app has got to go. Wegmans is among retailers realizing scan-and-go, which seemed like such a good idea at the beginning of the pandemic when contactless checkout solutions gained …

How Much is Theft Impacting Retail Shrink?

Retail theft accounts for about $45 billion in annual losses for retailers these days, according to The Coalition of Law Enforcement and Retail. That figure is up $15 billion from a decade ago and has …