In a ceremony at the Retail Asset Protection Conference in Dallas, Texas yesterday, the Retail Industry Leaders Association (RILA) honored Profitect as first place winner of the 2016 Retail AP Innovation Awards. The Awards recognize the most visionary and influential solution providers and serve as a showcase for exciting new technologies in major areas of asset protection.
First Place went to Profitect, which presented a prescriptive analytics solution that provides descriptive insights with actionable outputs to retailers and asset protection professionals.
Second and third place were awarded to ClickIt Inc. and Prism Skylabs, respectively. The first, second, and third place winners were selected by a panel of top executives from a group 11 finalists, announced last week.
Profitect was also the recipient of Retailers' Choice Award, which was voted on by conference attendees throughout the week.
"These winners were chosen by our team of expert judges because their innovative solutions exemplify our industry's dedication to asset protection," said Lisa LaBruno, RILA's senior vice president of retail operations. "It was an honor to be able to recognize their developments before their peers in Dallas. Thank you to all of the participants and judges, and we look forward to seeing more cutting-edge technology next year."
Winners of the 2016 Retail AP Innovation Awards are:
- Profitect (First place)
- ClickIt Inc. (Second place)
- Prism Skylabs (Third place)
- Profitect (Retailers Choice)
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.