That’s a wrap! The Sensormatic Solutions team enjoyed a full week of virtual conversations and collaboration during NRF Retail Converge, speaking with some of the top industry experts on how retailers can continue to thrive and create unique shopping experiences through the remainder of 2021 and beyond. During the event, retail professionals from Sensormatic Solutions hosted two LinkedIn Live sessions that explored the future of loss prevention and retail leasing models.

Ned McCauley, technology leader at Sensormatic Solutions, and Terry Sullivan, president of Loss Prevention Foundation, teamed up to explore how retailers are using AI with computer vision to drive immediate outcomes now – while future-proofing for tomorrow. The discussion highlighted the main priorities for loss prevention and liability leaders as they adopt solutions to help fight the rise in shrink while working to enhance the safety of shoppers and associates.

Watch the session below to learn how AI can combat shrink and create opportunities to leverage existing assets, new streams of data, and drive precision retail.

Brian Field, senior director of Sensormatic Solutions Global Retail Consulting Practice, and Sterling Raehtz, shopper engagement analytics professional at Sensormatic Solutions, discussed an increasingly hot topic: Why legacy lease models between shopping centers and retailers no longer work due to mass adoption of omnichannel strategies. The two retail professionals outlined a new approach that allows for the flexibility to test new retail strategies, improving outcomes over time, and incentivizing both landlords and tenants.

Check out the session below to learn how shopping centers and retailers can use traffic analytics to better understand demand and negotiate leases accordingly.

As the retail industry continues to evolve, retailers can look to key trends and technologies to help generate success that will lead to improved outcomes in the future. Interested in learning more? Contact us!