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retail CCTV camera

The Retail CCTV Evolution

While the new “anti-establishment” world is rejecting globalization, will retail CCTV technology integration provide the panacea to retail risks?
RFID technology radio frequency identification

RFID Technology and Its Use in Asset Protection

RFID technology allows companies to know where in their process any particular asset is, so they can monitor the speed of production, the time of delivery, or any other factor that will help them to see how long their processes actually take—and control assets by knowing where they are at any point in time.
retail theft statistics

Shedding Light on Retail Theft Statistics

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.
shoplifting and theft

Prevent Shoplifting and Theft with…Music?

In one experiment, Barry Manilow music was broadcast through loudspeakers located in a local parking lot every night between 9 pm and midnight on Friday, Saturday, and Sunday.
warehouse inventory loss

Significant Inventory Loss Requires Perspective

Throughout my career, I've investigated numerous significant increases in shortage on a multi-store level. In each case, the cause was traced to the distribution process.
workplace theft prevention

The Moral, Societal, and Legal Obligation for Workplace Theft Prevention

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.
What Is A Shoplifter, people who steal, retail store theft

Exactly What Is a Shoplifter and How Much Do You Know?

The crime of shoplifting is as old as shopping itself. The first documented cases of shoplifting took place in 16th-century London and involved groups of men called “lifters” (early organized retail crime?).
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.
inventory shrinkage, how to calculate shrinkage in retail, loss prevention audits

How to Calculate Shrinkage in Retail

Understanding how to calculate shrinkage in retail is important. However, understanding why it is important to control these results and how we can impact company profitability by both improving sales and controlling retail shrinkage is the key to success.
security systems for retail stores

Pilot Testing Security Systems for Retail Stores: 4 Best Practices

According to a survey by SDR/LPM, loss prevention executives are more likely than security counterparts in other industries to believe that a pilot study or field test is an effective way to show senior management that a project is a good idea.

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