One of the most commonly held principles of shrinkage reduction, especially for shoplifting deterrence, is achieved by giving good customer service. This idea is predicated upon the assumption that if potential thieves enter the store, they will be deterred from stealing if sales associates quickly make contact with them by Read More
At a time when store margins are under intense competitive pressure, retail shrink can make or break a retailer’s bottom line. But today’s retail shrink numbers are vulnerable to blind spots and imprecise metrics. In addition, most analysis and response to retail shrink are backward-looking: useful for staffing and long-term Read More
Why should video be high on loss prevention’s list of priorities? Because a fundamental change has created a wave of innovation and will fuel advances for years to come.
Once, back when Canon made a splash with its “Image is Everything” advertising campaign, it really was. CCTV offered images of sales Read More
Amazon, 50,000. Kohl’s, 69,000. Target, 70,000. Macy’s, 83,000. Retailers have announced some impressive seasonal hiring numbers for the 2016 Christmas and holiday season. Read More