The Retail Industry Leaders Association (RILA), the trade association for the world’s largest and most innovative retail companies, today announced it is accepting applications for the 2018 (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.
Applicants are asked to demonstrate how their technology reduces the losses outlined in the Total Retail Loss (TRL) report, a study RILA commissioned in conjunction with the University of Leicester. The report is the first ever study that examines how the retail industry understands the nature and extent of all the potential types of losses they presently experience, and provides an overview of the top needs and challenges of the retail asset protection community.
“We’ve entered into such an exciting time in retail, wherein technology and innovation are solving for industry-wide challenges at a rapid pace and enabling opportunities for asset protection and customer service like we’ve never seen before,” said Lisa LaBruno, RILA’s senior vice president of retail operations. “These awards not only recognize solution providers for their innovative thinking and design, but also empower them to connect directly with the retailers they’re aiming to help. We’re looking forward to celebrating this confluence of retail and technology in Orlando next spring.”
“The exposure and prestige of winning the 2017 RILA Innovation Award opened many doors for Digital Safety (DiSa). As a result, DiSa has been engaged by retailers in Europe, North America, and Latin America on implementing our solution,” said Adam Hartaway, CEO of Digital Safety, a winner at last year’s awards.
A panel of top executives in retail asset protection will review all submissions and winners will be announced at RILA’s 2018 Retail Asset Protection Conference, April 29-May 2 in Orlando, Florida.
Entries are due by March 9, 2018. For more information, visit the awards homepage.
RILA is the trade association of the worlds 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 domestically and abroad.