Using anti theft devices and loss prevention security such as checkpoint security tags sends a message to shoplifters that studies show will simply send them elsewhere to unprotected targets. This is a win, win, win, win situation.
Win number one; the presence of the anti theft devices means less retail theft, reducing shrinkage. Typically retailers see a reduction in inventory losses of over 50% when implementing systems such as a checkpoint security system.
Win number two; the reduction in losses will translate over to boosted profits. Losing product directly affects net margins. A $10 item lost will take $200 to replace in a 2% net margin situation. Keep that $10 item and you just added $200 to the available profit & net margin.
Win number three; less retail theft means more stock on the shelves available for sale. Retailers using products such as checkpoint security tags see a measurable increase in sales. Price Waterhouse Coopers recently studies a chain of supermarkets over a fourteen week period and found that after the implementation of the checkpoint security system the net sales increase by over 9%.
Win number four; less riff raff in the store. Sending shoplifters elsewhere and keeping them out of your store creates a better environment for staff and customers.
For more information visit: checkpoint security tags or call Loss Prevention Systems at 1-770-426-0547
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