COL coles group limited.

Ann: FY23 Results Presentation, page-22

  1. 2,176 Posts.
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    I saw this today (from afr)

    In May, US giant Target shocked the market by declaring theft would wipe $US500 million ($780 million) off its annual gross profit. Last week its chief executive, Brian Cornell, reiterated the retailer is up against “an unacceptable amount of retail theft and organised retail crime”.Walmart, Costco and Home Depot are facing similar problems; the US National Retail Federation last year estimated the total problem at $US100 billion a year.

    I suspect this will be a growing problem, and if they try to implement facial rec the public will scream privacy
 
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