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Tag Archives: theft

Loss Prevention Technology Roundup

As technology advances, there is an ever-increasing array of tools available to help you deter and detect theft at your retail operation. Understanding your options and making sure you’re using the solutions that make sense for your business is key …

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$743 Billion in Merchandise Returned in 2023

return

Retailers have been focused on efforts to mitigate returns, as total returns for the industry amounted to $743 billion in 2023, a return rate of 14.5%, according to a report released by the National Retail Federation (NRF) and Appriss Retail. …

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3 Resources to Counter Organized Retail Crime

loss prevention strategies

Costing businesses money and peace of mind, shrink takes a toll on the retail industry, especially on independently owned and small- and medium-sized businesses. The National Retail Federation’s (NRF) National Retail Security Survey 2022 discovered retail shrink, which includes organized …

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Cool Shrink With Theft Heat Maps

theft heat maps

Costing businesses money and peace of mind, shrink takes a toll on the retail industry, especially on independently owned and small- and medium-size businesses. The National Retail Federation’s (NRF) National Retail Security Survey 2022 discovered retail shrink, which includes organized …

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Home Depot Combats Organized Retail Crime

retail crime

For many home improvement retailers, organized retail crime is becoming a costly problem, a new report from CNBC says. Retailers like Home Depot are now spending more to deter theft and are also working with local law enforcement to prosecute …

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NRF Executive Discusses Loss Prevention

loss prevention

Most independent retailers would say business is personal. Whether it’s stocking the shelves with the latest products or training employees to provide next-level customer service, retailers are doing more than lining their pockets. However, if a retailer isn’t aware of …

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