How America's biggest retailers plan to use technology to catch organized retail theft
Publishing timestamp: 2023-07-29 10:18:56
Summary
The article discusses the rise of organized retail theft and the use of AI and other technologies by major retailers to combat it. These technologies include video surveillance systems, facial recognition cameras, license-plate and vehicle readers, autonomous security robots, RFID tags, and predictive analytic software. The goal is to deter criminals and prevent theft before it happens. However, there are concerns about privacy, bias, and the need to balance security measures with a positive shopping experience for customers.
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Keywords: crime, macy's inc, breaking news: business, walmart inc, johnson controls international plc, kroger co, lowe's companies inc, business news, technology, cvs health corp, retail industry, target corp,