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how do you calculate roi

How Do You Calculate ROI in Retail?

At some point in your retail loss prevention career, if you haven’t done so already, you will be called upon to help make procurement decisions on new technology, such as electronic article surveillance (EAS) or video surveillance.
Employee Theft Prevention, employee stealing, workplace theft prevention

5 Ways Employees Are Stealing from Your Stores Right Now

Implementing targeted theft-deterrent strategies depends on consistent record-keeping, organization, and pattern recognition. A data-driven incident management process is the only way to keep pace with an extremely adaptable foe.
store security

How to Increase Traffic Without Compromising Retail Store Security

The 21st century posed a major conundrum for the retailers: how to fight online competition and improve brick-and-mortar store performance, and how to increase...
Electronic Article Surveillance Source Tagging, eas tag

Electronic Article Surveillance (EAS) Source Tagging: 20+ Years of Innovation

Every so often, a simple idea catches the imagination, fervor, and engagement of a group of people and is developed into a successful practice that revolutionizes a business. Electronic article surveillance (EAS) source tagging is definitely one of those.
Shoplifting Tools

Are Retailers Selling Shoplifting Tools?

I purchased the cooler bag and went to one of my corporate retail colleagues to test the bag with two different types of electronic article surveillance (EAS) tags; the classic hard tags and UPC-style sticker tags. After a series of tests, I noted the following results.
how to manage inventory

How to Manage Inventory: Shrink Visibility

At a time when store margins are under intense competitive pressure, retail shrink can make or break a retailer's bottom line. But retail shrink numbers are vulnerable to blind spots and imprecise metrics.
loss prevention executive

How to Sell Your Proposal to a Senior Loss Prevention Executive

While it would be impossible to give an exact formula for success in every company and project, it is reasonable to explore a framework that can be used to increase our chance at getting our proposal approved and implemented.
using drones for security

The Very Real Risks of Using Drones for Security Purposes

Some retailers may see expansive possibilities for using drones for security purposes and choose to be early adopters, but most are likely to take a slower approach.
target loss prevention programs

Target Store Loss Prevention Programs

Target store loss prevention programs come in a variety of names, shapes, sizes, and formats.
rfid technology

The ROI for RFID Technology in Retail

Over recent years, we've witnessed a resurgence of interest and substantial growth in the use of radio frequency identification (RFID) technology in retail—a veritable...

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