7-Eleven to Roll Out Loss Prevention Solution

DALLAS -- 7-Eleven Inc. will incorporate Sysrepublic’s point-of-sale loss prevention and systems integrations solutions at its 6,800 locations throughout North America.

According to Sysrepublic, its Secure loss prevention software allows retailers to identify theft and significantly reduce shrink. Currently, Secure software is used at more than 22,000 retail outlets worldwide and monitors one billion transactions per day. Other clients include Tesco, Safeway, Stein Mart and Wegmans.

"Sysrepublic prides itself on long-term partnerships with our customers," said Nathan Smith, CEO, Sysrepublic North America. "We're very excited to bring [7-Eleven] onto our platform and look forward to providing years of business value."

The 7-Eleven agreement marks the largest deal -- in terms of number of stores -- that Sysrepublic has inked to date. Globally, the convenience store chain operates 42,700 stores in 16 countries.