Shoplifting affects everyone. Shoplifters affect the retail store or small business store they enter, the individual consumer and employee of the store. Increase in prices is something stores do to outset the revenue they are losing due to shoplifting. Stores around the world invest heavily in security systems, security personnel and anti-theft devices to deter shoplifters from entering their stores and costing them revenue losses that ultimately affect everyone.
How Anti-shoplifting Devices Work
Let’s imagine for the moment that you own a large department store, and you are having a big problem with shoplifting. (You’re not alone — retail stores lost $26 billion last year to shoplifting!) What are you going to do? You cannot let it continue, because every month your accounting system tells you that you are losing thousands of dollars to theft. It forces you to raise your prices, and that means you have to charge more than the store next door. That can make it very hard to compete, especially if the store next door is successfully discouraging shoplifting.
As a retailer focusing on the problem of what’s known in the industry as loss prevention, you basically have three methods at your disposal to slow the shoplifters down: (1) You can watch everyone in the store like a hawk and make sure they don’t steal anything. You can do that using security guards and/or video surveillance systems; (2) You can make things hard to remove from the store by bolting them down, attaching cables, putting things in display cases and behind the counter; (3) You can use a system that attaches special tags onto everything so that an alarm goes off whenever a shoplifter tries to walk out with an item. In this article, we’ll look at each of these options in more detail.
Virginia’s Quik-E Foods Cuts Losses with March Networks Retail Video Surveillance Solution
a global provider of intelligent IP video solutions, today announced that customer Quik-E Foods of Lynchburg, Virginia is upgrading to its next-generation retail solution for enhanced security and loss prevention. The March Networks solution integrates high-quality video, audio and transaction data to combat point-of-sale (POS) fraud and other threats to the business. The powerful solution has already helped Quik-E Foods improve operations and resolve serious incidents across its chain of 12 convenience stores and five automated car washes.
“We caught a cashier who was pausing transactions and then pocketing the money once customers left the store. The scam was adding up to more than $6,000 in losses,” explained Quik-E Foods Vice President Todd Burgess. “With the deep POS integration and search tools in our March Networks solution, those transactions showed up as voids, and we also had the video evidence to verify what was happening. There wasn’t a need to search for hours and hours. It was instant.”
Milestone Systems Expands Device Support with More than 3,000 Supported Devices
Milestone Systems, the open platform company in IP video management software (VMS), has released Device Pack 7.2 for partners and customers using Milestone XProtect® security solutions. Device Pack 7.2 has deep driver support for more than 3,000 devices, which means that Milestone has added more than 2,000 supported devices since 2011. This speedy development has only been possible due to Milestone’s dedicated efforts to drive the uptake of open platform technology in the physical security industry.
The Milestone Device Packs include optimized drivers that enable all the relevant capabilities of a camera or other hardware device to be managed fully by the XProtect software. Milestone works closely with the device manufacturers in the Manufacturer Alliance Program (MAP) to achieve the optimal interaction between their devices and the XProtect VMS . This ensures the highest quality for a video surveillance solution – very important for total system operability, efficiency and stability.
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