Effective loss prevention methods are increasingly relevant to protect retail’s volatile profit margins, especially as new threats and pressures emerge from the pandemic.
Reducing shrinkage is a constant battle for today’s retailers. An easy, cost-effective solution that can help you win the fight is certainly worth consideration.
The “banana scheme” is the self-checkout fraud where customers enter the PLU code for bananas while weighing pricier items. You can eliminate this fraud with data.
A 2021 Wall Street Journal article reported that “... organized retail theft accounts for around $45 billion in annual losses for retailers these days, up from $30 billion a decade ago.”
Intelligence-led LP needs more intelligence from sensors. Digitizing the store has obvious benefits from enhancing digital shopping experiences to better serving green shoppers, and...
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.