Supermarket Chiefs Turn to Advanced Technologies Amid Rising Retail Crime
- Iceland’s boss supports using facial recognition technology to combat shoplifting
- Crime and policing minister reveals plans to remove £200 threshold for shoplifting charter
- Tesco installs security robots, Morrisons trials ‘RoboCop’ style cameras
The chair of Iceland supermarket has expressed his support for using facial recognition technology to tackle shoplifting. Jon Walker, the company’s boss, wrote on LinkedIn that he is ‘happy’ to trial and use legal, proportionate facial recognition as a response to the threat faced by his employees. He also called for enhanced legal powers for security guards. Supermarkets like Iceland, Tesco, and Morrisons are implementing new security measures amidst the rise in retail crime. Crime and policing minister Dame Diana Johnson recently announced plans to remove the current £200 threshold in the shoplifting charter. Tesco has installed security robots, while Morrisons is trialing ‘RoboCop’ style security cameras.
Factuality Level: 7
Factuality Justification: The article provides relevant information about the supermarket chair’s stance on facial recognition technology and security measures to tackle retail crime, as well as mentioning other companies implementing similar measures. However, it contains some minor repetitive elements and a brief unrelated statement at the end.
Noise Level: 5
Noise Justification: The article contains some relevant information about the use of facial recognition technology and security measures in supermarkets to tackle shoplifting, but it also includes unrelated content such as mentioning AllSaints opening stores. It lacks depth and analysis on the topic and does not provide actionable insights or new knowledge.
Financial Relevance: Yes
Financial Markets Impacted: No
Financial Rating Justification: The article discusses the impact of rising crime on supermarkets and retail businesses, which can affect their financial performance and operations. It mentions measures taken by these companies to tackle shoplifting, such as introducing security robots and facial recognition technology. This is relevant to financial topics as it can influence their costs and overall financial health.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no mention of an extreme event in the text.
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