Trigo

We had an incredible learning experience at #NRFPROTECT, the premier event for retail asset protection, loss prevention, and shrinkage. Here are some key takeaways: 🛍️Global retail shrink has reached an all-time high, totaling over $94B last year alone. Others say it’s closer to 400B. 📉On average, theft eats up approx. 1.5-2% of retailers’ revenues. Retailers we spoke to see theft and shrink in general as their top problem to solve. 💰High-value goods: A major concern among retailers, highlighting the need for robust solutions. 🚨 Organized Retail Crime (ORC) in the US: Of major concern are crime gangs, repeat offenders, smash-and-grab, shelf sweeps, and multiple items pick-ups. Current solutions include guards, shelf locks, and facial recognition, but these create privacy concerns and harm shopper experience. 🔐 non-biometric computer vision AI: The need for a powerful tool for monitoring store activities without compromising customer privacy, striking a balance between asset protection and a positive in-store experience. 🔍 Unmet need: There is a demand for online and offline investigation tools to quickly resolve theft incidents and false alarms. 🚀 What excited us most: The potential of Computer Vision AI to combat retail shrink by adding an intelligence layer that many current solutions lack. Key applications include self-checkout, high-value goods, and offline investigations. #NRFProtect #RetailInnovation #ComputerVisionAI #LossPrevention #AssetProtection #Shrinkage Photo credit: National Retail Federation

🚀 Meet us at NRF PROTECT! 📅 June 4-6, 2024 | Long Beach, CA We will be at the premier retail security event, focusing on the use of cutting edge Compute Vision AI in loss prevention and real-time theft detection. Feel free to reach out to Bar Gelfand from our team to hear more! #NRFPROTECT #RetailSecurity #LossPrevention #AI #TheftDetection #RetailInnovation #ProtectPreventPrevail #RetailTech #SecurityStrategies

🚨Retail losses due to theft have reached an all-time high. National Retail Federation put it at over $94B last year alone. Others say it’s closer to 400B. 🕵️ Retailers are grappling with this growing problem via CCTV, tags, guards, and other security measures-- and of course, a wide variety of technologies. Some retailers are locking products in cabinets, while knowing this creates an unwelcoming shopping environment. That’s how bad retail loss is getting. One cutting edge technology successfully battling this growing pain is computer vision powered by AI and machine learning which mitigates retail loss via: 🛡️Real-time theft and anomaly detection, alerts & prevention 🏷️ Frictionless and tagless inventory management 🔍 AI and machine learning theft pattern recognition and alerts 👁️ Seamless integration with existing CCTV and security systems With loss prevention computer vision AI, retailers can dramatically reduce shrink, enhance bottom line profitability, and optimize the in-store shopping experience. Trigo’s cutting edge technology is here to assist you protect and mitigate shrink. Meet us at #NRFPROTECT #retail #lossprevention #AI #computervision #machinelearning #tech #innovation #CX #shrink #profitability

Sebastian Lange thanks for sharing! 👇 REWE Group #REWE #Innovation #Retail

Can you transform your retail operations with computer vision? From loss prevention to stock management optimization, computer vision technology is changing physical stores. Get started today: https://bit.ly/43q1Ors #aiinretail #lossprevention #computervision #retailinnovation

Click to discover how our AI-powered solutions provide in-depth insights that drive growth and optimize your in-store operations: https://bit.ly/3PiV3lc #ComputerVision #RetailTech #aiinretail

Behold the future of retail – where shopping is seamless and operations are streamlined, powered by data and smart automation. Trigo's computer vision AI technology transforms your store into a cutting-edge retail environment. Click to discover more: https://bit.ly/3PiV3lc

Unlock your full retail potential with Trigo's computer vision AI-driven technology, making every store smarter. Join us in shaping the future of retail. Click to learn more: https://bit.ly/3v3KTyb #RetailInnovation #SmartStores #AIinRetail

Trigo's Retail Innovation Index offers an in-depth look at the shopping journey, its importance to retail strategy, the key elements retailers should pay attention to, and the impact it can have on customer experiences. Stay informed, stay ahead: https://bit.ly/4c2Kdd9 #retailinnovationindex #sundaylearning #trigo #futureofretail