New Report from ECR Europe Shrinkage Group: Are Retailers Wasting Billions Every Year on Loss Prevention Technologies?

Every year retailers worldwide spend billions of Euros on various types of technology such as CCTV, tagging and Data Mining in an attempt to tackle the ever present problem of shrinkage, which estimated to cost the European Fast Moving Consumer Goods Sector alone as much Euros 18 billion a year (equivalent to the GDP of Luxembourg!). Trying to decide in which technology to invest can be tricky business, with often extravagant claims by suppliers being unsubstantiated by any published evidence.