Tag: national retail security survey
Thefts, fraud and losses from other retail “shrink” decreased to $46.8 billion in 2017 from $48.9 billion the year before as shoplifting and organized retail crime continued to be the leading causes. Read More
Nearly 23 percent of surveyed retailers report overall inventory shrink increasing to 2 percent or more of sales, while 65 percent of retailers expect LP budgets to remain flat or even to decrease, according to findings from the National Retail Federation’s 2017 National Retail Security Survey. This comes at a Read More
Booster bags, or so-called “magic bags,” continue to be one of the more popular shoplifting methods used by professional thieves. These foil-lined carriers work because the lining prevents the alarms actually connecting with the tag when passing through scanners. Despite penalties imposed on thieves for going equipped with these bags, Read More
Whoa, what’s that?! No way. That’s a reaction we want from would-be offenders when thinking about initiating a crime attempt on our property.
We’re often told to adjust, adapt, and overcome as we grow up. Life comes at us fast and from a lot of angles. So part of our hardwiring Read More
According to the 2016 National Retail Security Survey, US businesses lost around $45.2 billion in 2015 to retail theft, more than 1.38 percent of overall sales, making retail theft one of the leading issues facing retailers today.
Shoplifting and ORC Fraud Rings
According to the National Association of Shoplifting Prevention (2006), more Read More
9 Emerging Retail Technology Trends You Need to Know
This study looks at how retailers view the potential of 9 emerging retail technology trends.
By Adrian Beck, Walter Palmer, and Colin Peacock
Loss prevention practitioners have a long track record of investing in a wide range of technologies to help control the various Read More
By Rex Gillette
It is that time of year again, when shoppers and shoplifters converge on our retail outlets looking for that all-important deal or steal. It’s also a critical time to ensure that your loss prevention plans are in place, up to date, and ready to tackle the upcoming holidays.
While the peak Read More
This year’s holiday shopping season is expected to be strong, according to data released by the National Retail Federation (NRF). Retail sales during November and December are forecasted to be as high as $682 billion, a 4 percent increase from last year.
The picture isn’t entirely rosy, however. The NRF’s 2017 Read More