A.I. and Combating Shrink (Retail Theft) (Communities - News & Events)

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Item ID 16146168 in Category: Communities - News & Events

A.I. and Combating Shrink (Retail Theft)


Today’s retailers face numerous challenges and are under extreme pressure in this volatile, uncertain, complex, and ambiguous (VUCA) world. To meet the evolving needs of consumers and achieve business goals, they are responding by deploying solutions to unify the shopper experience across multiple touchpoints. But that isn’t enough, as we see a rise in shrink or other operational challenges. However, retailing today includes powerful new capabilities that help retailers adapt more quickly in ways that combat these challenges while still empowering retailers to provide delightful experiences for shoppers.

Among the numerous technology offerings available to retailers, artificial intelligence (A.I.) profoundly impacts retail today, and I don’t see that slowing down with the rise in Generative A.I. coming. A recent state of the industry study by Incisiv explored innovation in retail and found there is increasing adoption of A.I.-powered technology in the retail space – 60% of retailers have either already implemented or are scaling the use of A.I. in their stores, with another 33% exploring the technology. As each week passes, I expect those numbers to rise quickly. A.I. offers flexibility and enables retailers to adapt to evolving trends or resolve pain points efficiently and quickly. It can enhance personalized customer experiences, help increase loyalty, optimize operations, support loss prevention strategies, enable intelligent decision-making driven by data, and overall accelerate innovation.

For more details please visit our website - https://www.focusoutlook.com/a-i-and-combating-shrink-retail-theft/


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Target State: New York
Target City : New York City
Last Update : Aug 06, 2025 1:07 AM
Number of Views: 33
Item  Owner  : focusoutlook
Contact Email:
Contact Phone: + 1 (315) 6664984

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