Wagswoofs – A shop owner has recently deployed an innovative AI technology to apprehend thieves in real-time.
KJ Singh, the proprietor of JJ Liquors in Washington, recently implemented an advanced AI software designed to apprehend shoplifters before they manage to escape.
According to local NBC affiliate WRC-TV, Singh acknowledged that he was losing thousands of dollars each year because of rampant shoplifting. As a result, he decided to explore Veesion, the French software.
According to Pablo Blanco Poveda, the sales manager at Veesion, the company developed a system that works in conjunction with security cameras to identify and monitor any potentially suspicious activity in real-time.
According to the store owner, whenever a customer tries to take an item without paying for it, an alert is immediately sent. This alert allows the staff to intervene and address the situation before the customer leaves the store.
When Singh receives the alert, he will immediately view a high-quality video capturing the individual removing the item from the shelves.
According to Poveda, when stopping someone, it is unnecessary to directly ask them to open their bag. Instead, the proof, such as a video, can be shown to the individual to confirm their involvement.
Singh was taken aback when he discovered that many of his regular customers were actually the ones shoplifting, ever since he introduced the technology into his store.
“He said they were extremely surprised that despite being regulars, nothing significant had happened during their visits because they had never paid attention to them before.”
Over 350 stores in the United States are currently utilizing Veesions system, with a significant number of their customers consisting of small retailers.
Khris Hamlin, from the Retail Industry Leaders Association, emphasized that these tools are highly effective and can be seamlessly integrated with existing camera systems and technologies.
According to the findings, a significant portion of retailers, specifically 37% of respondents, are actively considering the integration of artificial intelligence (AI) into their business operations.
Stores have been grappling with the significant problem of theft and finding ways to combat it.
According to the 2023 National Retail Security Survey, the losses experienced by stores in the United States increased from $93.9 billion in 2021 to $112.1 billion in 2022.
“David Johnston, Vice President for Asset Protection and Retail Operations at the National Retail Federation, emphasizes that retailers are facing an alarming surge in theft and widespread crime within their stores. This distressing situation continues to worsen, posing significant challenges for the industry.”
The safety and well-being of retailers, regardless of their size or industry, remains the primary concern in the face of these crimes. It goes beyond the financial repercussions, as violence and safety issues take center stage.