Retail companies have been facing a rise in shoplifting, prompting them to make operational changes such as limiting the number of items allowed at self-checkout kiosks or removing the kiosks altogether. Some businesses budget for shoplifting as an expense and increase the cost of goods to accommodate it. In dire cases, the impact of shoplifting has seen some retailers in heavily affected areas close. Traditional methods of discouraging shoplifting, such as security cameras and store security guards have become ineffective. The advent of AI tools and techniques has seen a new era in deterring potential shoplifters or preventing their illegal actions. Many new techniques have been introduced and demoed to assist with this challenge. Tech leaders can assist with safeguarding their retail outlets by understanding what AI methods are available for them to mitigate the occurrence of shoplifting.