How Veesion AI is helping local businesses fight theft [Video]

WASHINGTON — Retail theft is a growing issue across the country, costing businesses billions of dollars every year. Stores in the DMV region are no exception, with incidents ranging from smash-and-grab robberies at luxury retailers to theft at local pharmacies. 

In an effort to reduce shoplifting, major retailers like CVS have removed or locked up high-theft items, and Safeway has installed gates to deter thieves. However, small businesses are also fighting back. Some business owners are turning to artificial intelligence (AI) to help curb theft.

At JJ Liquor in Northeast, D.C., owner Karinjeet Singh says rampant shoplifting has threatened his livelihood, particularly in the years following the COVID-19 pandemic.

“This business means a lot to us. It’s our daily livelihood,” Singh said. “Shoplifting right …