Shrinkage news and trends

Home Depot Adds Security Measures, Remains Committed to High-Theft Locations
Retail // March 15, 2024

Despite rampant retail theft forcing many retailers to close their doors, Home Depot has reportedly reaffirmed its commitment to major U.S. cities such as Detroit, Philadelphia and Oakland, California. The home improvement retailer has been heavily investing in technology to combat the significant increase in organized...

Dollar General Reduces Self-Checkout Options to Increase Engagement, Decrease Shrink
Retail // March 14, 2024

Dollar General is cutting back on its offering of self-checkout options, saying it is doing so to improve the customer experience and to reduce inventory shrink. This change follows a year in which the retailer saw an increased level of shrink, the company said in a...

Diebold Nixdorf Adds AI Tool to Combat Self-Checkout Shrinkage
Retail // January 18, 2024

Diebold Nixdorf, a provider of retail solutions, is launching a new artificial intelligence (AI)-based checkout solution to combat shrinkage in the retail industry.  The new Vynamic Smart Vision I Shrink Reduction manages the risk of shrink at self-checkout stations while ensuring positive shopper and employee experiences, the...

Target’s New Strategy? Locking Up Essentials, Letting Luxury Loose
Retail // October 09, 2023

Why do so many shoppers like Target or Walmart? For some, it’s considered a nearby oasis that offers affordable prices on a diverse range of products. From groceries to clothing and electronics, these big format retailers provide a one-stop seamless shopping experience.   However, in light...

Interviews & Exclusives
Target’s New Strategy? Locking Up Essentials, Letting Luxury Loose

October 09, 2023
Why do so many shoppers like Target or Walmart? For some, it’s considered a nearby oasis that offers affordable prices on a diverse range of products. From groceries to clothing and electronics, these big format retailers provide a one-stop seamless shopping experience.   However, in light of recent developments in the retail sector, one may wonder […]

As Target Closes Stores, H&M Looks to Tech to Stop Retail Theft 

October 02, 2023
The intersection of technology, social dynamics and economic factors has created an environment where theft — both individual and organized — has proliferated. And H&M is the most recent victim...

Quick Reads
Home Depot Adds Security Measures, Remains Committed to High-Theft Locations

March 15, 2024
Despite rampant retail theft forcing many retailers to close their doors, Home Depot has reportedly reaffirmed its commitment to major U.S. cities such as Detroit, Philadelphia and Oakland, California. The home improvement retailer has been heavily investing in technology to combat the significant increase in organized retail crime that’s been seen over the past five years, […]

Dollar General Reduces Self-Checkout Options to Increase Engagement, Decrease Shrink

March 14, 2024
Dollar General is cutting back on its offering of self-checkout options, saying it is doing so to improve the customer experience and to reduce inventory shrink. This change follows a year...

Diebold Nixdorf Adds AI Tool to Combat Self-Checkout Shrinkage

January 18, 2024
Diebold Nixdorf, a provider of retail solutions, is launching a new artificial intelligence (AI)-based checkout solution to combat shrinkage in the retail industry.  The new Vynamic Smart Vision I Shrink Reduction manages...