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Author: Veesion Team

Kmart, Bunnings Hit by Organised Crime as Wesfarmers Calls for Crackdown

Wesfarmers CEO Calls for Action on Retail Crime and Slams Proposed Business Tax Wesfarmers chief executive Rob Scott has raised alarm over a surge in organised retail crime targeting its major brands — Bunnings, Kmart, Officeworks, and Priceline. Speaking on Thursday, Scott said crime syndicates were increasingly stealing high-value items like power tools and tech gadgets, with many ending up on black markets and online marketplaces. In response, Wesfarmers has implemented stronger security and anti-theft measures while lobbying the Victorian government for tougher retail crime laws...

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From Store Shelves to National Impact: The $9B Theft Problem Facing Australia

Retail Theft Now a $9 Billion Crisis — And a National Productivity Issue Retailers across Australia are facing an escalating wave of crime, costing the industry an estimated $9 billion annually in stolen goods, damages, and security expenses. Since the pandemic, theft has surged — from organised crime groups and ram raids to violent incidents targeting staff. Major chains are investing in security, but small businesses are struggling to keep up. “Retail crime is a growing national challenge, with rising incidents of theft, aggression, and organised crime affecting the safety and...

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Discover the success story of the AMSTERDAM RETAIL ASSOCIATION (ARA)

Amsterdam Schiphol Airport Duty-Free Stores Save Over €200,000 with AI-Powered Theft Prevention Technology The Airport Retail Association (ARA) at Amsterdam Schiphol Airport has achieved a major milestone in loss prevention, saving over €200,000 in high-end merchandise by deploying cutting-edge artificial intelligence technology developed by Veesion. Long plagued by theft challenges common to high-traffic retail environments, Schiphol’s duty-free stores have turned to AI to tackle the problem head-on. The solution came through a...

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