Firms deploy tech to avoid retail crime

Retailers have a new edge for fighting theft: They’re utilizing engineering to disable stolen merchandise — from iPhones to Black & Decker drills — and render them useless.

Why it issues: Structured retail criminal offense has a sizeable influence on merchants each individual 12 months, costing them an common of $719,000 for each $1 billion pounds in gross sales, according to estimates from the Countrywide Retail Federation.

  • Three in four of target organizations advised NRF in a study that they have noticed an increase in arranged theft-linked cases in the previous yr.

Dwelling Depot lately unveiled Bluetooth activation tech

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