Retail Technology: The Intersection of Loss Prevention and Sustainability

Retail crime is surging across the US. While shrink has always been an issue, the recent holiday season saw an unprecedented spike in theft, bringing it to a level that, according to some experts, now costs retailers 2-3 percent of their total sales, as opposed to 0.7–1 percent prior to the pandemic. But retail theft also has an often-unseen impact beyond damaging revenue and the customer experience. It also negatively affects the environment, from increased greenhouse emissions to water pollution to more trash in landfills. Read more at Loss Prevention Magazine.