NZ retailers turn to facial recognition to stem surge in crime

Retail crime has surged in New Zealand, with the latest Survey report published by industry group Retail NZ citing the annual cost of retail crime at a staggering NZ$2.6 billion (roughly US$1.5 billion). Retail crime is also on the rise in Australia, with the Japan Times reporting an estimated AU$10 billion loss ($6.4 billion) in the year for both Australia and New Zealand combined.

Just like in other places, notably including Britain, rising retail theft has motivated adoption of …

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