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Retail Loss Challenge 2018

Retail Loss Challenge 2018

 

Welcome to the Retail Loss Challenge

We are on the hunt for the world’s hottest startups and innovative companies with scalable solutions to tackle retail loss.

The retail landscape has changed dramatically in the last five years and the pace of change is only accelerating. Innovations like digital payments, frictionless checkout and proximity technology have changed the way shoppers shop and retailers sell. While these technologies are helping to reimagine the shopping experience, they bring with them their own challenges.

Retail loss costs the industry an estimated £230 billion globally each year. In this dynamic environment, retailers must find innovative ways to keep improving the customer experience, while tackling susceptibility to criminal activity, customer error and security breaches, and to leverage the new world of big data to do more with less.

Do you have interventions and technologies that can answer these new and emerging retail risks and opportunities? Would you like the chance to have your ideas put to the test in store trials with leading retailers in Europe?

How it works

Applications are open for five challenges, each focusing on a different area of retail loss or risk. Shortlisted applicants will be invited to pitch to industry experts in London on 21 June and have the chance to trial their solution with leading retailers including John Lewis, Tesco, Sainsburys, Lidl and Aholddelhaize.

The Challenge Briefs

Click on the challenge briefs for more details and check out the FAQs

Challenge 1

How can retailers enable frictionless checkout and manage the risk of loss?

Challenge 2

How can retailers minimise loss of high risk products?

Challenge 3

How can retailers use technology to enhance colleague safety?

Challenge 4

How can retailers leverage the full potential of data to manage loss? 

Challenge 5

How can retailers and law enforcement collaborate to reduce crime and violence?

Why apply?

This is a unique opportunity to showcase your solution to a community of industry leaders from some of Europe’s largest retailers and to trial your solution.

Application process

Applications close on 4 May and successful startups will be notified by 1 June. You must be able to attend the pitch day in London on 21st June 2018. Please read the terms and conditions and FAQs. For more information please contact info@ecr-shrink-group.com

APPLY HERE