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Stock impact report

Picadeli Partners with Digimarc to Curb Retail Shrink and Combat Food Fraud in Fresh and Prepared Foods Market [Yahoo! Finance]

Digimarc Corporation (DMRC) 
Last digimarc corporation earnings: 10/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: digimarc.com/about/investors
Company Research Source: Yahoo! Finance
LOS ANGELES & BEAVERTON, Ore., December 03, 2024 BUSINESS WIRE Picadeli , a pioneer salad company, and Digimarc Corporation (NASDAQ: DMRC), a global leader in digital watermarking technologies, today announced a strategic partnership aimed at tackling the increasing problem of retail shrink and food fraud in the fresh and prepared foods market. This partnership integrates Digimarc's advanced digital watermarks into Picadeli's branded packaging, enabling retailers to implement secure, automated product verification and ensure pricing accuracy at self-checkout. This innovation significantly reduces shrinkage while maintaining a seamless customer experience. Retailers, both large and small, are facing rising challenges with price look-up (PLU) fraud at self-checkout, particularly in areas like produce, deli counters, and salad bars. A recent study reveals that retail shrink rates for businesses using self-checkout lanes are more than double the industry average, reaching nearly 4% . T Show less Read more
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