this post was submitted on 13 Nov 2023
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Technology

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Bay Area innovator stops shoplifting, gives shoppers power to open padlocked shelves (www.nbcbayarea.com)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
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Bay Area innovator stops shoplifting, gives shoppers power to open padlocked shelves::New technology coming to stores could stop theft and ease customer access.

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[–] GeneralVincent@lemmy.world 1 points 1 year ago

Average retail shrink is less than 2% of sales, and theft is only 65% of that 2% so it's still a viable trade off. (https://www.latimes.com/business/story/2023-09-26/retail-theft-2022-112-billion-losses) They're just realizing they can go back to the warehouse and replace the person at the desk with technology.

I love technology too but I'd hate dealing with all that too