Author: Veesion Team

JJ Liquors Veesion Case Study

Written by Veesion Team on March 16, 2025. Posted in Videos.

At Veesion, our mission is to provide businesses with proactive security solutions. Today, we’re excited to share a testimonial from JJ Liquors in Washington, DC! “Constantly watching everyone” became a never-ending concern. Unfortunately, by the time something went missing, it was often too late. Shoplifting was a continuous problem. Then came Veesion—like having a virtual security guard, but with an added layer of intelligence.

Shoprite Feedback

Written by Veesion Team on March 16, 2025. Posted in Videos.

Thanks to our AI-powered solution, Rafael’s security team now receives real-time video alerts, instantly identifying suspicious behaviors and enabling faster responses than ever before. In a short period, Veesion helped ShopRite reduce shrinkage by an impressive 43%, saving the store $100,000.

NBC features Veesion

Written by Veesion Team on March 16, 2025. Posted in Videos.

In the South Loop, a convenience store has witnessed a significant 50% reduction in shoplifting thanks to our gesture-detection technology. By seamlessly integrating with their existing surveillance system, our AI provides store owners with real-time alerts, identifying suspicious behavior within seconds, all while maintaining privacy by not detecting personal features. With over 5,000 businesses worldwide using Veesion, this is just the beginning of how AI is reshaping retail.

Veesion Ai wins second RETAIL RISK Award

Written by Veesion Team on March 12, 2025. Posted in Blog.

BEST NEWCOMER New Zealand for 2025 Veesion Ai plugin for existing CCTV security system identifies theft as it happens. Sends instant Alerts with video clips to the store teams. Anonymous Ai overlay. No facial recognition. SYDNEY, Australia, Friday 7th 2025: Veesion is honoured to be named as the winner of the RETAIL RISK BEST NEWCOMER AWARD for New Zealand 2025. This is the second Retail Risk award that Veesion Ai has received having won the same award for the Australian market in 2023. The Retail Risk awards are often referred to as the ‘Oscars’ of the Loss Prevention industry and...

Canadian Tire

Written by Veesion Team on February 12, 2025. Posted in Videos.

Veesion leverages AI-driven insights to help teams optimize operations and focus on what truly matters: delivering outstanding customer experiences. More than just a tool, Veesion is a game-changer for retail. By integrating AI into daily workflows, businesses can simplify processes, make more informed decisions, and stay ahead in a competitive market. Canadian Tire’s success story demonstrates how AI can ease the challenges of managing a busy retail environment while opening up new avenues for growth.

Veesion Mobile App

Written by Veesion Team on February 12, 2025. Posted in Videos.

Veesion makes store management effortless. Our AI-powered app consolidates everything you need into a single, user-friendly platform, crafted to seamlessly streamline your daily operations. Instant Alerts: Get real-time notifications to stay ahead when it counts. In-Depth Analytics: Unlock valuable insights with detailed stats to boost performance. Flexible Settings: Personalize alerts, notifications, and more to suit your store’s specific needs. Team Collaboration: Invite team members to ensure everyone stays aligned and on track.

Discover the new experience

Written by Veesion Team on January 31, 2025. Posted in Videos.

Is retail theft or shoplifting a problem for you? The solution: Veesion AI. Our cutting-edge technology automatically detects theft by analyzing CCTV footage from key areas within your store. Watch and discover the Veesion AI experience!

Main cause of Shrinkage

Written by Veesion Team on January 31, 2025. Posted in Blog.

As a quick reminder, shrinkage is the term used in the retail sector to describe the loss of goods. The shrinkage rate measures the difference between the sales turnover a retail business should have made and what was actually made. This rate can be calculated using the following formula: (total cost of losses / sales turnover achieved) x 100. What causes loss of goods? Experts consider the main cause of shrinkage to be shoplifting. What exactly is shoplifting? Shoplifting refers to any act of theft of items from a store. Shoplifting is an issue for all types of retail businesses,...

What is Shrinkage?

Written by Veesion Team on January 31, 2025. Posted in Blog.

Theft poses a significant threat to stores, not just by eroding the trust between store owners and their customers, but also by negatively impacting the store’s financial performance. To measure the extent and impact of theft, we include it in the store’s shrinkage calculations. This approach helps assess the discrepancy between the store’s theoretical inventory and its actual stock. What is Shrinkage? Shrinkage refers to the gap between a store’s theoretical inventory—what it should have based on accounting records—and its actual inventory. Essentially, it reflects the...