As an important part of the strategic direction, ITAB Group continues to develop its ecosystem of partners that complements the Group's portfolio of innovative solutions to support its customers to create differentiating experiences and reduce operational cost in store. ITAB now extends its solution offering in store efficiency and loss prevention with the signing of a strategic partnership with rapitag, a leading specialist in intelligent anti-theft solutions for retailers. Together with rapitag, ITAB will continue to develop solutions that improve the end-to-end consumer journey and help retailers in reducing loss and theft, improving efficiencies, and driving instore experience with an even more frictionless checkout convenience.

Rapitag has developed the world's first patented anti-theft IoT sensors for retail merchandise asset protection. With rapitag's Intelligent Asset Surveillance (IAS) solutions that automatically de-tags on a positive payment signal at checkout, retailers can also actively track and trace IAS tagged items for deeper product and customer behavior insights. Self-service in retail is increasing and to combat the associated risk of increased stock loss, article surveillance has proven to be an efficient complement to security and exit gates.

Rapitag Active IAS tag beaconing allows for stolen item identification, increased deterrence, and aids in apprehensions and merchandise recovery. ITAB will showcase a number of integrated solutions between ITAB and rapitag at the world's leading retail trade fair EuroShop in Düsseldorf on 26 February-1 March 2023 (Hall 10 Stand 42).