Iceland cuts store losses by 80% with AI-powered theft detection

Iceland has slashed losses from theft and shrink by 80 per cent after rolling out an AI-powered loss prevention platform across its store estate.
The frozen food retailer has partnered with store intelligence specialist SAI to use artificial intelligence alongside its existing CCTV infrastructure to identify suspicious activity and alert colleagues in real time.
The SAI One platform uses computer vision and generative AI to analyse live video feeds across checkouts, aisles and store entrances, d