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Bay Area innovator stops shoplifting, gives shoppers power to open padlocked shelves
(www.nbcbayarea.com)
this post was submitted on 13 Nov 2023
41 points (70.3% liked)
Technology
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Average retail shrink is less than 2% of sales, and theft is only 65% of that 2% so it's still a viable trade off. (https://www.latimes.com/business/story/2023-09-26/retail-theft-2022-112-billion-losses) They're just realizing they can go back to the warehouse and replace the person at the desk with technology.
I love technology too but I'd hate dealing with all that too