Rent-A-Center’s primary loss prevention challenge stems from its business model. The rent-to-own company allows people who are low on funds or credit to rent furniture, electronics, and other goods with an option to own them after a payment agreement has been fulfilled. Usually, this model works just fine. Unfortunately, some Read More
Tag: dye tags
Joe, a would-be thief, couldn’t believe his luck. Here was a store willing to hand him a brand new state-of-the-art smartphone with no credit check and a few dollars down. And just two doors away was another retail store—this one advertising that it paid top dollar for smartphones.
The criminal wheels Read More
Regardless of the protective progress retailers and solutions providers are making, thieves are still carrying off billions of dollars’ worth of goods annually. While merchandise loss costs retailers huge amounts of money, theft-driven product out-of-stocks, and sometimes locked-up goods, it also deters sales to good customers. Happy, buying customers are Read More