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Video surveillance is often at the heart of loss prevention strategies designed to address causes of shrinkage. Whether a retailer is taking aim at shoplifting, employee theft, returns fraud, tag switching, or sweethearting, a video solution can usually help.
Loss prevention practitioners today face long-standing yet persistent threats, such as employee theft and shoplifting, and increasingly contend with new ones ushered in by a more virtual world. As difficult as it is to combat these risks, they are fairly clear-cut. The battle lines are clearly drawn. LP’s mission is straightforward.
It’s probably not difficult for loss prevention practitioners to picture the value that surveillance video solutions can provide. After all, they’re often inundated with promotional descriptions suggesting that today’s video solutions are a panacea for sluggish store sales and high shrinkage.
As an adjunct professor for American Public University System’s Center for Applied Learning, Dr. Robert Pittman imparts wisdom to next-generation loss prevention leaders, for...
You’ve readied your technical systems, stocked up security supplies, gone over loss prevention protocols with staff, and tried to hire only honest seasonal workers. Now, it’s time for shoppers—and criminals—to start filling your stores.
After years of false starts and a measure of false promises, retailers are finally starting to realize the potential of radio frequency identification (RFID) technology.
Discussions of changes in retail security technology typically revolve around enhanced functionality and the latest bells and whistles. But there is another way in which loss prevention technology is evolving—the manner by which retailers pay for it.
You would like to think that if a serious crime occurs at a particular property that you could point to your prior thoughtful risk analysis, show the appropriate security measures you took in response, and quickly put the matter to rest.
LP executives often preside over two operations. First, there is the one you think you have—the losses you believe you suffer, the stores you suspect are problematic, and so on. Then, there is the operation that you see after deploying an enterprise IP video solution that ties into data streams such as point-of-sale (POS) systems.
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.
Download this 34-page special report from Loss Prevention Magazine about types and frequency of violent incidents, impacts on employees and customers, effectiveness of tools and training, and much more.