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Bay Area innovator stops shoplifting, gives shoppers power to open padlocked shelves
(www.nbcbayarea.com)
This is a most excellent place for technology news and articles.
The problem Is real but this solution seems very bs
I would rate it as a concern. Probably not "HUGE" concern but it is impacting thing.
I work loss prevention, so I have a slight bias. But I also see how often and to the volume that it is. There are individuals I have helped with that are linked to 6 digit worth of stuff (and then of course money theft but that's a different ball game).
Yes if a company has 30,000,000 in sales, theft seems less a problem until it gets multipld out hundreds of times a 1,500,000 of saleable items being stolen can and is something that happens with the current security stuff. And while that is 1/20 the of the sales that 30 mill is before paying for the product, utilities and salary.
Profit is still there but it is getting harder to hold that profit and new ways to loose/new scams pop up all the time
The problem is barely real.
lol ok
Why are they only reporting numbers from the pandemic? This is like my local paper talking about how "traffic deaths have shot up since 2020" while omitting the fact that nobody was driving around in 2020. You're telling me shoplifting is up when compared to a time where most people weren't going out in public, let alone shopping at retail stores?
Wow, those percentages are large numbers. Except a 50% increase starting at .01 crimes a day ends up being only .015 crimes a day. So maybe some additional context can be helpful to know if the problem is rampant or just a tiny problem in some cities becoming a slightly bigger tiny problem.
https://www.cnn.com/2023/10/27/business/crime-spree-retailers-are-actually-overstating-the-extent-of-theft-report-says/index.html