Group to trial technology that can detect shoplifting and attacks on staff after losses from crime rose by almost 20% to £40m in six monthsBusiness live – latest updatesThe Co-op grocery chain has revealed its losses from crime rose by almost 20% to £40m in the first half of the year, and it is now deploying artificial intelligence to identify offenders with concealed weapons and stolen items.The member-owned mutual, which returned to profit despite the growing toll of shoplifting, has spent £18m so far this year on measures to protect staff in its food business, including rolling out body-worn cameras and fortified kiosks. Continue reading…
Source link : https://www.theguardian.com/business/2024/sep/25/co-operative-group-profit-shoplifting-wage-bill-retail
Author : Jack Simpson and agency
Publish date : 2024-09-25 11:24:22
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