The Retail Industry Leaders Association (RILA), the trade association for the world's largest and most innovative retail companies, today announced it is now accepting applications for the 2017 (R)Tech Asset Protection: Innovation Awards. The Awards showcase game-changing technology that mitigates total retail loss and recognizes visionary companies that are developing these solutions.
Last September, RILA released a research report, which analyzes the challenges with current practices in defining and managing retail loss, and introduces the industry to the broader concept of "total retail loss". With this in mind, (R)Tech Asset Protection: Innovation Awards applicants are asked to introduce a technology that offers a solution to a type of loss identified in the report.
"The retail industry is going through a major transformation in the way it delivers products, engages customers, and solves problems. Innovation is the name of the game and these awards are an opportunity to showcase those leading the charge," said Lisa LaBruno, RILA's senior vice president of retail operations. "We're excited to see how this new approach to retail loss will inspire new technologies and we look forward to seeing them in action in New Orleans."
A panel of top executives in retail asset protection will review all submissions and identify the finalists, with the winners to be announced at RILA's 2017 Retail Asset Protection Conference, April 9-12, 2017 in New Orleans, Louisiana.
Entries are due by March 3, 2017. For more information, visit the awards homepage.
RILA is the trade association of the world's largest and most innovative retail companies. RILA members include more than 200 retailers, product manufacturers, and service suppliers, which together account for more than $1.5 trillion in annual sales, millions of American jobs and more than 100,000 stores, manufacturing facilities and distribution centers.