British Retail Consortium (BRC) News

The British Retail Consortium (BRC) published its annual Retail Crime Survey last week. It found that each day, retailers in the UK are victim to 55,000 thefts, while violent incidents have rocketed from 1,300 per day to over 2,000. The figures from the report are shocking enough when viewed in isolation; however, reviewing the same report, published in 2015 and 2020, forces the difficult question -- what progress has been made, and when will we turn the corner? Cost of crime In 2015, the BRC...

The ever-increasing number of shoplifting incidents is forcing retailers to turn to facial biometrics as a security measure. This has yielded impressive results: store owners confirm that such security systems identify thieves by their faces and cite a reduction in theft-related losses between 50 and 90%. Modern facial recognition systems employ advanced algorithms that both ensure data privacy and adhere to international GDPR.  Retail theft and robberies  Retail store managers have...