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The NRSS indicates that shoplifting accounted for 35.7 percent of the reported shrink in 2017, which is down from 39.3 percent in 2016.
Video-based operations audits have helped many businesses increase return on investment (ROI) and boost sales, revenues, and profit by finding theft and fraud they didn't know existed.
The ECR Community Shrinkage and On-shelf Availability Group recently conducted a two-year study on identifying self-checkout problems and their associated risks to the bottom line.
For over 40 years, CONTROLTEK has been helping customers solve their business problems in new, efficient and secure ways.
As loss prevention professionals in retail businesses that serve this demographic en masse (i.e. QSR, c-store, big box, etc.) know all too well, cash is still a prominent form of payment.
GS1 and the ECR Community Shrinkage and On-Shelf Availability Group commissioned a research study to look at 10 RFID case study companies.
Blue Line Technology has designed, developed, patented, and successfully brought to market a facial recognition and artificial intelligence software product called First Line that provides a non-intrusive, real-time identification verification.
The APLC provides a platform for industry leaders to come together to address challenges and issues in asset protection.
Solution providers offer a wide spectrum of mission-critical products and services designed to help meet the rising demands of the asset protection function and...
At first, this may seem like an issue that involves only the retailer. However, the decision to ignore generally accepted cash and merchandise controls has far-reaching implications.