Home » Industry News » Five Holiday Loss Prevention Tips

Five Holiday Loss Prevention Tips

The National Retail Federation offers the following loss-prevention tips for retailers during the holiday shopping season, which includes the days after Christmas when customers are spending their holiday cash and gift cards:

  1. Have your experienced staff members team up with new and seasonal workers so the newbies can learn from observing your veterans use loss prevention techniques.
  2. Keep your loss prevention officers out and about so they’re visible in the stores and shoppers are aware they’re being supervised.
  3. Use technology to track when you’re busiest, so you have enough staff on hand to watch for shoplifting.
  4. Keep minimal amounts of money in the cash register, and teach your employees to identify counterfeit money.
  5. Update antivirus security software on your computers and keep passwords secure so your orders are safe.

To read the full article from the National Retail Federation, click here.

 

About Kate Klein

Kate is profiles editor for Hardware Retailing magazine. She reports on news and industry events and writes about retailers' unique contributions to the independent home improvement sector. She graduated from Cedarville University in her home state of Ohio, where she earned a bachelor's degree in English and minored in creative writing. She loves being an aunt, teaching writing to kids, running, reading, farm living and, as Walt Whitman says, traveling the open road, “healthy, free, the world before me.”

Check Also

Home Hardware Stores Limited Celebrates 60 Years of Serving Communities

Over 60 years ago in St. Jacobs, Ontario, Walter J. Hachborn and Henry Sittler laid …