National Retail Federation (NRF) News

According to the National Retail Federation’s (NRF) latest National Retail Security Survey, retail crime represented $112.1 billion in losses in 2022. To bring attention to this crucial issue, October 26 has been designated as ‘Fight Retail Crime Day’. In support of the NRF’s initiative, Interface Systems offers retailers best practices to fight retail crime. Increase software budgets As retail crime continues to evolve in scope and sophistication, so do retailers&rsqu...

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...