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Co-op fights £40m shoplifting losses with AI-powered security
Date: 2024-10-18 09:31:05

Co-op is now using artificial intelligence to detect offenders carrying concealed weapons or stolen goods after it revealed leakage costs from theft and fraud rose by 19% to £39.5m in...

Tesco installs anti-theft smoke machines at high-risk stores
Date: 2024-06-21 09:48:36

Tesco has introduced smoke machines in some of its stores to prevent people from stealing goods outside of opening hours. The supermarket chain uses 4ft-high security devices in some shops...

The number of shoplifting has increased drastically
Date: 2024-04-02 11:04:03

As a result of food inflation, the number of shoplifting has increased significantly at almost all supermarket chains. Due to the decline in the standard of living, more and more...

Spanish Supermarkets Lock Up Olive Oil As Shoplifting Surges
Date: 2023-11-24 09:17:34

In Spain, the world’s biggest olive oil producer, supermarkets are locking up bottles of the staple cooking oil as prices surge and theft increases. One-litre bottles of extra-virgin olive oil...

Co-op boss calls for change in police response amid ‘out of control’ retail crime
Date: 2023-07-27 09:24:05

Co-op food managing director, Matt Hood, has called on the police to “play their part” in tackling retail crime as rates surge 35% year on year. The convenience retailer has...

Retail losses — and apprehensions — soar in 2022
Date: 2023-05-08 09:30:43

Eighty-one percent of U.S.-based retailers reported that shrink increased in 2022, according to “The 35th Annual Retail Theft Survey,” from loss prevention and inventory shrinkage control consulting firm Jack L....

Self-checkouts are being targeted by first-time shoplifters
Date: 2022-12-15 09:58:42

Self-checkouts are being targeted by shoplifters who have no previous criminal background, according to a study from Scanwatch. Scanwatch said UK retailers had reported an 18% rise in theft in...

Tesco to increase store security as “desperate people” turn to shoplifting
Date: 2022-09-05 02:43:53

Tesco will increase security measures across its stores as “desperate people” turn to shoplifting amid the cost-of-living crisis. Chairman John Allan said shoppers will see extra security tags on food as well...

Co-op fights £40m shoplifting losses with AI-powered security Date: 2024-10-18 09:31:05

Tesco installs anti-theft smoke machines at high-risk stores Date: 2024-06-21 09:48:36

The number of shoplifting has increased drastically Date: 2024-04-02 11:04:03

Spanish Supermarkets Lock Up Olive Oil As Shoplifting Surges Date: 2023-11-24 09:17:34

Co-op boss calls for change in police response amid ‘out of control’ retail crime Date: 2023-07-27 09:24:05

Retail losses — and apprehensions — soar in 2022 Date: 2023-05-08 09:30:43

Self-checkouts are being targeted by first-time shoplifters Date: 2022-12-15 09:58:42

Tesco to increase store security as “desperate people” turn to shoplifting Date: 2022-09-05 02:43:53