Metro Security is celebrating its M.A.R.S system’s latest success in winning the London Final of the 2020 Celebrating Small Businesses Awards, organised by the Federation of Small Businesses (FSB).

The Metro Analytic Retail Solution (M.A.R.S) was competing against three other companies in the Business & Product Innovation Award category. FSB’s judges were looking for businesses “which either offer a ground-breaking product or service, or that are using an exciting new approach to improve or disrupt a traditional market. This award is where bold, new business models and innovative products delivering dramatic results can shine”.

Following its success as a regional champion, M.A.R.S now goes forward to the UK Final stage. “Congratulations to all this year’s London FSB Celebrating Small Business Award winners – stars of the small business world. Enjoy the limelight,” commented Michael Lassman, FSB London Regional Chair.

“The event has certainly highlighted the strength, creativity and wide-ranging nature of the local SME sector and its importance to our capital city. They are reflective of the vibrancy, innovation and tenacity that make up our small business community. It’s been thrilling to see so many London businesses enthusiastically take part in our awards and the sheer scale and diversity of those who entered is a testimony to the vitality of the small business community in London. The best of luck to all our winners for the UK national award finals.”

Developed in-house by Metro Security, M.A.R.S is a software analytics-based system that combines significant loss prevention capabilities along with a range of complementary retail management, operational, marketing and staff training tools.

The multi-functional M.A.R.S software analytics system can be easily and cost-effectively integrated with any retailer’s existing hardware and software. It provides retailers of all types, sizes and numbers of stores with an effective and – importantly – a cost-efficient, value-added way to improve their increasingly pressured bottom-line profitability.

In today’s online era the retail environment for physical stores is an intensifying challenge. Faced with tough trading conditions on the High St, many retailers simply do not have the budgets to pay for systems that address security risks alone. M.A.R.S provides the ideal solution to this dilemma, while also helping to pay for itself.

The M.A.R.S system has enabled High Street retailer Sports Direct to reduce its annual shrinkage losses by 70% and its audit costs by 65%, protecting important bottom-line finances against both customer and staff-related theft.