As a manager of a retail shop, the layout of the store is probably out of your hands and there is nothing to do about it. You have no control if the changing rooms are way in the back of the store where the opportunity to shoplift presents itself with regularity.
There are several tactics to prevent shoplifting in your store, and even though the layout of the store is out of your hands, other preventive measures can be taken to prevent and deter shoplifting.
According to experts, these preventive measures can help you manage your store better:
- Customer Service
- Lighting
- CCTV cameras
- Staff training
- Signage
- EAS and Security systems
Each and every one of these preventive measures cannot solve the problem of shoplifting. But when a manager or owner of a store is vigilant and knows they need to use a combination of these measures to prevent shoplifting, then the results can be seen clearly.
Target has announced that as of October, they have increased the minimum hourly wage to $11. With this increase, they hope there will be a decrease in turnover and sick days and an increase in productivity from their hourly employees.
Whether they believe employee theft will decrease with this increase in minimum wage is still unclear. And research has not found to be the case.
For more about this and other stories about employee theft and shoplifting, follow the links below.
Target’s Minimum Wage Increased. What Does That Mean for Theft?
To reduce loss from theft, retailers need employees to be more honest. Could Target’s minimum wage bump help?
Employee theft is a source of loss simply too costly to ignore, which is why loss prevention practitioners are always on the lookout for novel ways to prevent it. But what if the best theft-prevention tool wasn’t a security measure at all? What if you just paid your store associates a little more money? Would that make a difference? To what extent can wages act as a loss prevention tool?
On Sept. 25, Target announced its plan to boost staff pay. “This October, we’re raising our minimum hourly wage to $11—and we plan to increase the minimum hourly wage for all team members over the next few years to reach $15 by the end of 2020,” the company said in an announcement. According to the consensus of research, Target may experience a range of benefits for its investment, including an increase in worker productivity and decline in turnover and sick days.
Hampshire businesses targeted 35 times a day by shoplifters study shows
NEW research has found that across Hampshire more than 35 incidents of shoplifting take place every day.
A study by OnBuy.com revealed that Hampshire Constabulary reported 12,578 shoplifting offences throughout 2016/2017.
The figures showed that the force had the eighth highest rate for the crime in England and Wales.
Of the 43 police forces within that area, Metropolitan Police Service had the highest rate with 47,580 crimes reported, where as the City of London Police were bottom with just 729 incidents.
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