Amsterdam-based SPAR International has integrated retail security technology powered by artificial intelligence (AI) as it seeks to to thwart theft in real time and protect profit margins.
The Dutch multinational franchise that provides branding, supplies and support services for independently owned and operated food retail stores, has partnered with Veesion AI to integrate the retail security software which uses AI to detect theft in stores.
The software includes an intelligent video surveillance server that continuously analyses surveillance cameras in store, with retailers receiving automatic alerts and notifications when suspicion action is detected.
The software is trained to recognise postures typical of theft and is capable of detecting more than 10 specific gestures linked to theft according to the software firm. It also features an intuitive video detection technology that will aim to enable SPAR retailers to prevent theft in real-time.
In a LinkedIn post, Veesion emphasised that the partnership will help SPAR redefine the standards of retail security. “With our intuitive video detection technology, SPAR retailers can: prevent theft in real-time; protect their profit margins effortlessly; simplify security operations with seamless integration," it said.
It added: "This partnership is about more than technology - it’s a shared vision to: offer preferential terms tailored to SPAR’s needs; ensure smooth implementation into existing systems; deliver proven results, already trusted by thousands of retailers."
According to Veesion, only five per cent of thefts are detected by security agents, while AI is capable to detect up to ten times more suspicious gestures.
In November, executive chairman of Iceland Richard Walker said he would “happily” trial legal and proportionate facial recognition to address growing retail crime.
Following a House of Lords inquiry which found that 17 million shoplifting incidents take place in the UK every year, in a LinkedIn post the Iceland boss warned that security guards are “very limited” in their ability to act against “brazen, professional criminals” who he said are operating without fear of consequence.
Walker, who has worked at Iceland for more than six years, called for enhanced legal powers that would allow security staff to search and "safely detain offenders".
The British Retail Consortium (BRC) also recently called for delivery drivers to be included in the standalone offence for assaulting or threatening retailer workers, with the trade association revealing that many will be equipped with personal safety devices and DNA spit testing kits over the busy festive season.
According to the organisation, up to a third of all retail sales will be made online during the run up to Christmas, meaning delivery drivers will be "busier than ever".
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