Re:The failure of self-checkout technology
by j-krieger on Thursday January 18, 2024 @07:31AM
(#39040929)
Do retailers really have insurance for loss and theft? I thought they'd just factor it into pricing.
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Re:The failure of self-checkout technology
by timabdulla on Thursday January 18, 2024 @07:59AM
(#39041142)
Highly doubt it. You can't insure the inevitable.
Re:The failure of self-checkout technology
by johngladtj on Thursday January 18, 2024 @08:12AM
(#39041238)
Sure you can, it just costs more than taking the loss
Re:The failure of self-checkout technology
by spicybbq on Thursday January 18, 2024 @09:07AM
(#39041803)
I work for a retailer and we certainly do not use a third party insurer, and I don't see why any other consumer retailer selling inexpensive merchandise would use insurance. It is priced in.
In fact, we use RFID tracking to know when goods are stolen, not to save money, not to catch shoplifters, but to improve inventory management and ensure that we get a replacement item on the shelf to avoid losing sales.