Extenda Retail launches loss prevention engine powered by machine learning to tackle self-service retail challenges
With many European nations in the midst of recessions and economic downturns, Swedish tech company Extenda Retail is shaking up the FMCG retail sector with its revolutionary Self-Service and Loss Prevention(SSLP) solution. Stockholm, Sweden, May 26 2023, Retailers are increasingly offering self-serve options to in-store consumers ranging from self-checkout to self-scan, and mobile Scan & Go. And with the boom of self-service comes the inevitable increase in shrink which Forbes now estimates to be a $100Bn global problem. SSLP can be implemented alongside any Point Of Sale (