According to the Global Retail Theft Barometer, an annual retail industry study, employee theft accounts for more than 40% of lost revenue, much greater than…
Loss prevention is a serious problem for retailers. Statistics from the National Association for Shoplifting Prevention reveal that shoplifters commonly steal items ranging from $2…
Insight. Webster’s Dictionary defines insight as “the ability to see and understand clearly the inner nature of things.” It almost sounds like magic. And, if…
Today’s consumers have more choices and are more informed than ever before. They use mobile devices to compare prices while in-store and use coupons or…
Employee errors can be one of the most demanding challenges in creating a loss prevention strategy for a retail operation. Many loss prevention experts believe…
“We’re able to stop employees from making errors, which cost us thousands of dollars, or that cost us customers, which translate to thousands of dollars.…