Blog — Loss Prevention

Shoplifting, The bane of every retailer's existence, a game of wits where sneaky individuals try to walk out the door with merchandise they haven't paid for. In this 1st article of a 2 piece series, we're going to dive into the world of shoplifting tactics simply summing it up in three types

      Most companies expect to have at least 1% of their inventory stolen every year. For the biggest retailer in the country, that percentage adds up to $3 billion. You might not have the same kind of losses, but you can surely relate to the pain of having to assume you're going to lose some of your inventory. With a few smart loss prevention security tips, you can cut down on that figure. As nearly 1 in 10 people has shoplifted in their lives, only about 5% of them are ever caught. Lack of security combined with staffing...