Lowe’s Employs RFID, Blockchain to Combat Retail Theft
Retail TouchPoints
DECEMBER 16, 2022
Organized retail crime has been on the rise since 2020 and costs retailers an average of $700,000 per $1 billion in sales, according to the National Retail Federation. The first is point-of-sale product activation by which only products that are legitimately purchased are activated.
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