A Sense Of Pride- Loss Prevention Training

February 5, 2015 by
Anyone who has every had to conduct or host a training class or seminar has had the same fear at some point- Will any of the information set in? Before I gave any of my loss prevention training classes I thought about it. I worried that the employees would be bored, finding the information irrelevant to them, or simply more concerned about what they were going to have for lunch later on that day.
During one particular class, I had a lady who was very upfront that the only reason she was working here was to get the employee discount. Needless to say, I quickly assumed that she would barely pay attention, much less remember anything that I was teaching her.
Months later, she came unexpectedly barging into my office. They very first thing she said was “I remembered what you said in loss prevention training about red flags…” Sure enough, she did remember, and she was right in picking up on some red flags, which ended up stopping a loss of almost $1200 dollars.
To this day, I am not sure about who had a greater sense of pride- her or me. She was so proud of herself for doing something she never dreamed herself capable of. I was proud that I had given her the tools, in such a way that she remembered after all of those months, to be successful.
For more information on Loss Prevention Seminars, Loss Prevention Training, or Loss Prevention Workshop contact us or call 1.770.426.0547 – Atlanta Georgia
Visit the Loss Prevention Systems website for more information on Retail Employee Theft and Retail Shoplifting problems and view the Retail Loss Prevention Seminars, Retail Loss Prevention Training and Retail Loss Prevention Workshop we offer to help with your Employee Theft and Shoplifting problems.

Anyone who has every had to conduct or host a training class or seminar has had the same fear at some point- Will any of the information set in? Before I gave any of my loss prevention training classes I thought about it. I worried that the employees would be bored, finding the information irrelevant to them, or simply more concerned about what they were going to have for lunch later on that day.

During one particular class, I had a lady who was very upfront that the only reason she was working here was to get the employee discount. Needless to say, I quickly assumed that she would barely pay attention, much less remember anything that I was teaching her.

Months later, she came unexpectedly barging into my office. They very first thing she said was “I remembered what you said in loss prevention training about red flags…” Sure enough, she did remember, and she was right in picking up on some red flags, which ended up stopping a loss of almost $1200 dollars.

To this day, I am not sure about who had a greater sense of pride- her or me. She was so proud of herself for doing something she never dreamed herself capable of. I was proud that I had given her the tools, in such a way that she remembered after all of those months, to be successful.

For more information on Loss Prevention Seminars, Loss Prevention Training, or Loss Prevention Workshop contact us or call 1.770.426.0547 – Atlanta Georgia

Visit the Loss Prevention Systems website for more information on Retail Employee Theft and Retail Shoplifting problems and view the Retail Loss Prevention Seminars, Retail Loss Prevention Training and Retail Loss Prevention Workshop we offer to help with your Employee Theft and Shoplifting problems.

 

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Prevent Shoplifting

January 29, 2015 by Leave a Comment

theft (13)Many retail businesses invest heavily in the security of their stores. Security guards afford an undeniable benefit to the protection of the goods in the store, although, they are not the only solution in many instances. Small businesses that cannot afford to hire full time security guards have to rely on video surveillance or other measures for protection against theft. Keeping your business safe from shoplifters or employee theft has become a security problem many retailers seem to have, and no solution has presented itself. For more information about how to keep your business safe and other news follow the links below.

Keep Your Business Safe: The Latest in Retail Theft Prevention

It’s not easy being a shoplifter these days. According to the 26th Annual Retail Theft Survey from Jack L. Hayes International, retailers are catching more thieves and dishonest employees than ever before. As apprehensions and recovered dollars increase the world of retail benefits, what’s contributing to these improvements in the industry? What tools and security measures are helping stores catch crooks faster and more effectively?

To help answer these questions, let’s take a look at some of the advanced security measures in place for retail theft prevention today and what they could mean for the coming year.

Video Security

As anybody in a high-cash-volume environment can testify, it’s hard to have eyes everywhere at once. Enter video security. With a digital video monitoring system, retailers have a way to see what’s happening at all times. If someone tries to swipe a product or if an employee tries to steal from the cash drawer, video surveillance makes it easy to catch the perpetrator and recover lost funds.

“Operation – Bundle Up Washington” Reduces Crime

While many of us were bundling up against winter weather, 20 7-Eleven stores in the Tacoma and Federal Way areas of Washington State were wrapping up a 30-day crime spree – thanks to a tremendous coordinated effort by the 7-Eleven, Inc.  Asset Protection team, franchisees, sales associates and local law enforcement agencies.
From Nov. 26 until Christmas Eve, one man committed crimes at 20 7-Eleven stores, as well as at other retail establishments in that area.  But on Christmas Eve, his luck ran out.  Thanks to consistent communication from 7-Eleven, local law enforcement and our retail partners were on the lookout for the perpetrator.  When he struck again, he was immediately identified and taken into custody.

“Franchisees, store managers and sales associates all played crucial roles in this case by quickly reporting incidents to the Asset Protection Hotline,” says Mike Aldridge, 7-Eleven Asset Protection Specialist & Law Enforcement liaison.  “The faster an incident is reported, the faster the Asset Protection team can respond and help bring resolution.”
The Dallas headquarters-based 7-Eleven Asset Protection team reviews all robbery incidents reported to the company’s Asset Protection Hotline.  The team analyzes surveillance video and images from each incident to help solve the case and prevent future incidents from occurring.

NOMi and March Networks deliver first integrated loss prevention and retail analytics solution 

NEW YORK CITY, NY, January 11, 2015 –– NOMi, the dominant in-store marketing and analytics provider, and March Networks, a leading provider of intelligent IP video solutions, today announced their first fully integrated solution for advanced loss prevention and retail analytics. This solution combines high definition (HD) streaming video from NOMi’s recently launched Brickstream 3D LIVE analytics sensor with March Networks’ new Searchlight video-based business intelligence software. It offers a single, easy-to-use platform that loss prevention, operations and marketing groups can use to improve store performance and profitability. March Networks is also the first NOMi alliance member to leverage the new Brickstream 3D LIVE sensor for loss prevention purposes.

Using Searchlight’s browser-based software interface, retailers can access the Brickstream 3D LIVE ONVIF compliant HD video, as well as integrated transaction data from the retailer’s point-of-sale system, to identify instances of potential theft and reduce investigation times from hours to minutes.

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Most Controllable Expense- Employee Theft

January 15, 2015 by
The most controllable expense a store has is its payroll. Hours can be fluctuated up or down based upon the sales needs of a given day, week or a specific event. As such, when other store expenses rise, payroll is often the first to be cut to make up the financial difference. When hours start getting cut, employees will often take it upon themselves to make up the difference- resulting in employee theft.
Employee theft isn’t only about cash theft or inventory theft. Employee theft is about the unauthorized use or gain of any company assets- including payroll. Because it is easier for an employee to justify a slide in their favor of the hours worked than it is to justify stealing cash for that same amount of money, time card theft is an often overlooked but equally as detrimental form of theft.
Attending a loss prevention workshop that covers a variety of theft situations from employees can help you to not only see when time card theft is happening, but what to do about it, and ultimately how to avoid it from happening again.
Time card theft usually starts out pretty small- a few minutes here and there. If left unchecked, employees can start to wheedle multiple hours out of you before you begin to notice.
For more information on Loss Prevention Seminars, Loss Prevention Training, or Loss Prevention Workshop contact us or call 1.770.426.0547 – Atlanta Georgia
Visit the Loss Prevention Systems website for more information on Retail Employee Theft and Retail Shoplifting problems and view the Retail Loss Prevention Seminars, Retail Loss Prevention Training and Retail Loss Prevention Workshop we offer to help with your Employee Theft and Shoplifting problems.

The most controllable expense a store has is its payroll. Hours can be fluctuated up or down based upon the sales needs of a given day, week or a specific event. As such, when other store expenses rise, payroll is often the first to be cut to make up the financial difference. When hours start getting cut, employees will often take it upon themselves to make up the difference- resulting in employee theft.

Employee theft isn’t only about cash theft or inventory theft. Employee theft is about the unauthorized use or gain of any company assets- including payroll. Because it is easier for an employee to justify a slide in their favor of the hours worked than it is to justify stealing cash for that same amount of money, time card theft is an often overlooked but equally as detrimental form of theft.

Attending a loss prevention workshop that covers a variety of theft situations from employees can help you to not only see when time card theft is happening, but what to do about it, and ultimately how to avoid it from happening again.

Time card theft usually starts out pretty small- a few minutes here and there. If left unchecked, employees can start to wheedle multiple hours out of you before you begin to notice.

For more information on Loss Prevention Seminars, Loss Prevention Training, or Loss Prevention Workshop contact us or call 1.770.426.0547 – Atlanta Georgia

Visit the Loss Prevention Systems website for more information on Retail Employee Theft and Retail Shoplifting problems and view the Retail Loss Prevention Seminars, Retail Loss Prevention Training and Retail Loss Prevention Workshop we offer to help with your Employee Theft and Shoplifting problems.

 

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What’s Trending in the World of Shoplifting?

January 8, 2015 by Leave a Comment

shoplifting1Wouldn’t it be nice if the criminal world was as easy as Twitter? You could just go online and look at what’s trending and then take proactive steps to stem any potential losses. That would be great! Unfortunately, criminals, especially thieves rarely broadcast their intentions. It’s up to the loss prevention community and local law enforcement to share these trends amongst each other in order to combat shoplifting.

You may or may not be aware, but shoplifting is much more than just putting one item in your purse, or pockets. I routinely see individuals and groups operating some very sophisticated fraud schemes in order to remove product from the store. One of those trends that have become more and more prevalent over the past year has involved refund fraud. I had a very complex case that spanned several months that was more sophisticated than anything I had every come across in all my years conducting Loss Prevention Investigations.

The basic storyline is that a brick and mortar store front was employing individuals to target stores for small, high dollar merchandise. Once the product was stolen from one store, it would then be brought to a second store where a refund was given for the product in the form of store credit. That individual would then utilize that credit in order to purchase a high end electronic item. The item, along with the receipt was sold to the store front. This is where it takes a more complex turn.

The store owners would then arrive back at the store with the receipt and electronic item and ask to exchange it for other product. This was routinely conducted with footwear or apparel items. The store owners would conduct the exchange and, on most occasions, pay a difference in cash of anywhere between $10 and $20.

Over several days, the store owners would return to my store and refund each item that was purchased during that exchange transaction. Since the receipt showed they paid a cash balance, inattentive store personnel would always give them a full cash refund. Did I lose you?

Essentially, I was at a loss 5 times for the same product. First it was stolen. Second, I gave them a store credit for stolen goods. Third, the store credit was then spent. Fourth, the product the credit was spent on was exchanged for additional merchandise. Fifth, we gave them cash. It was incredible once it was all uncovered. This group has figured out a way to essentially launder stolen goods and with a few steps and some patience, get cash. All while keeping the appearance of a legitimate transaction. All told, our stores lost well over $100k to this scam.

It was an expensive lesson to learn, but it goes to show just how creative people can be when it comes to fraud. While this was the first time I had ever seen something of this complexity, I can assure you that in the next year, someone will come up with an even more complex method to defraud retailers.

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The 80/20 Rule

January 5, 2015 by Leave a Comment

shoplifting2The 80/ 20 rule for retail is actually a series of rules, or guidelines to how and where your inventory shrink comes from. Once you drill down to see what is actually driving your shrink, you have the ability to implement much more efficient anti theft and anti shrink strategies.

The first part of evaluating the 80/ 20 rule is to determine a generalization of how your store is incurring losses. There are three main areas of shrink loss that all shrink can be categorized as. They are Internal, External and Operational shrink. As a rule of thumb, internal shrink is explained as asset losses intentionally carried out by an employee of the store. Employees who are stealing merchandise drive internal shrink.

Operational shrink, on the other hand, is merchandise losses carried out by an employee unintentionally. These are the store’s operational errors that end up causing losses. Did an employee accidentally miss an item when they checked a customer out? Did an employee pull some glass cleaner from the shelf to clean their workstation, but not record it on a store use log? Did an employee break an item of merchandise beyond repair and threw it in the trash without letting anyone know?

These are all everyday examples of how an employee can unintentionally cause losses. These are not theft related actions that we would arrest and prosecute and employee for, but the end result is still the same. We are now showing missing merchandise and our bottom line has suffered from the shrink loss. Unidentified items missing from freight shipments also fall into this category.

External shrink losses are created by anyone outside of the company. These are non-employees who steal our products- the shoplifters. The average shoplifter steals much less per incident than an employee does. Even if you have a higher frequency of shoplifters in your store, employee theft will still outweigh the losses caused by shoplifters over time.

While it is really up to you to determine the actual breakdown in your store, most retailers average about 40% of their losses from internal theft, 40% from operational errors, leaving only 20% to external theft. Obviously these numbers can change based upon your location, kinds of goods sold, and staffing sizes. Overall, these numbers equate to about 80% of your shrink is derived in house (by your employees), and 20% comes form external sources.

Next you want to drill down even further into your losses by looking at departments, and the individual items that are being stolen. Ideally you want to have an inventory system that allows you SKU level accuracy. By drilling down to the actual item number that is shrinking out, you can create an action plan suited specifically to that item. At the very least, you should know which departments and product assortments are the highest losses.

Once you determine your highest shrink items, you should know the quantity and/ or dollar amount lost. You can then put your efforts into where the biggest losses are. You might be loosing 100 packs of gum that cost $1.00 each, or you could loose one handbag worth $200. Frequency versus actual dollar amount lost might dictate a closer eye on your handbags, than the multiple losses in packs of gum.

By taking a look at the highest dollar losses, you should see that about 80% of your total shrink losses are coming from only about the top 20% of your shrink items. This drill down approach further streamlines your anti shrink strategies. Now, instead of focusing on every little loss that occurs in your store, you can focus on only the top items. By creating feasible reduction strategies on only those items, you can create a significant reduction in your store’s overall shrink losses.

 

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Is Shoplifting Becoming More Violent?

December 30, 2014 by Leave a Comment

shoplifting5The detrimental effect that shoplifting has on profitability in a retail business is monumental. While businesses compete by keeping prices low, shoplifting makes it difficult for those businesses to compete at any level. Retail businesses struggle to survive in any economy, and adding shoplifting issues into their struggle make it almost impossible to be profitable. Spending millions of dollars in security cuts into their profits as well and they do not get rid of shoplifting or employee theft by doing this. All these issues make it impossible for retail stores to offers prices that can be competitive with other stores, or make sense to the consumer. Follow the stories below for more news about shoplifting.

Shoplifters caught on tape fleeing Macy’s

SARASOTA, FLA — Detectives with the Sarasota Police Department are attempting to identify two women who were caught on camera stealing merchandise from Macy’s at Westfield Southgate Mall in Sarasota.

Officers were dispatched to Macy’s on Dec. 20, 2014 in reference to two women shoplifting. The loss prevention officer for the store observed the two women taking items off shelves and concealing them in a purse and other shopping bags. The loss prevention officer called the Sarasota Police Department as soon as he noticed the two women from the office, on camera, all while keeping dispatchers on the phone updated.

When the two women attempted to leave Macy’s, the loss prevention officer asked them to come back into the store and they took off running. No subjects were located but the two women shoplifting were caught on camera. When one of the women started running, she dropped a bag of items worth nearly $1,100.

Anyone with information is encouraged to call Detective Kim Laster at 941-364-7327 or leave an anonymous tip with Crime Stoppers by calling 941-366-TIPS (8477) or online at www.sarasotacrimestoppers.com

1 suspect still at large after Christmas Eve robbery, assault

Eighteen-year-old Hunter Thompsin Ackerman and 19-year-old Eden Araque were booked into Metro Corrections Monday night after police said they were caught on surveillance video shoplifting at JC Penney.

LOUISVILLE, Ky. (WHAS11) — Two of three people wanted in connection with a robbery and beating at the Mall St. Matthews are now behind bars.

Eighteen-year-old Hunter Thompsin Ackerman and 19-year-old Eden Araque were booked into Metro Corrections Monday night after police said they were caught on surveillance video shoplifting at JC Penney.

Police said the trio stole nearly $400 worth of merchandise and assaulted a loss prevention officer when she tried to stop them Dec. 24. According to police records, the employee suffered a broken nose during the assault..

APD reports string of violent shoplifting cases

ALBUQUERQUE, N.M. —As the holiday shopping season comes to a close, Albuquerque police say they’ve seen a substantial increase in shoplifting cases this December with offenders brandishing deadly weapons.

Officer Tanner Tixier couldn’t provide specific numbers, but says shoplifting cases where an offender threatens a store employee with a weapon have become all too common this holiday season.

“These attacks are becoming more and more prevalent,” Tixier said. During these attacks, Tixier says loss prevention officers who are trained to spot and confront shoplifters are being threatened.

“These criminals have the ability to escalate their violence very rapidly,” Tixier said.

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Loss Prevention

December 18, 2014 by Leave a Comment

shoplifting3During this time of year the number of shoplifters visiting your store is more than at any other time of the year. Stores across our nation invest millions of dollars in loss prevention, and still billions of dollars are lost due to this crime. Some of the measures retail stores use to prevent shoplifting are the use of video surveillance, security guards, and special tags that are attached to the merchandise and are set off when leaving the store without paying. These are some of the many other prevention measures that help retailers deterred shoplifters from entering their stores. Are your loss prevention measures adequate? Do you need to do more to prevent loses? Read the articles below for more news about shoplifting.

Police conduct holiday shoplifting operation, 19 arrests

ST. PETERSBURG, FLA. —

Yesterday plain clothed detectives with the Department’s Economic Crimes and

C.O.T.A. Units conducted a one day operation with loss prevention officers at

the Wal-Mart Store located at 201 34th Street North.

The purpose of the operation was to address the problem of shoplifting that increases during the holiday season.

A total of 19 individuals were arrested, mostly on charges of retail theft although several had outstanding warrants and one juvenile was in violation of court ordered home detention for a previous burglary charge. Of those arrested, 9 were adults and 10 were juveniles.

Great Falls merchants go on guard against shoplifting

Downtown Great Falls’ Amazing Toys owner Dave Campbell said his staff noticed that a $350 Legos set was missing from its perch. They searched the store and found the valuable toy stashed near the front door where a thief planned to retrieve it later.

Dragonfly Dry Goods owner Alison Fried said her staff warmly greets customers, which most shoppers welcome. But some folks, possibly with bad intentions, turn around and walk out the door. She said she has a good camera system inside and outside the store that videotapes 24 hours a day. Fried lets other downtown merchants know who to look for if her store has been hit by a shoplifter.

“We use the team approach,” she said. “We’re a cooperative community downtown.”

“Shrink,” a business concept that includes shoplifting, employee or supplier fraud and administrative errors, cost the retail industry around $42 billion in sales in the United States last year, according to the latest Global Retail Theft Barometer. Worldwide, those factors cost businesses $128 billion.

Man Accused Of Abandoning Child While Shoplifting Speaks Out

A Lexington couple who allegedly abandoned their child while fleeing from loss prevention officers at Walmart say that the police have it all wrong.

Eric Powell and his girlfriend Samantha Barker are accused of shoplifting and taking off leaving behind their 9-month-old child.

Powell says that is not at all what happened.

“We was at Walmart shopping she was at the store shopping and I was by myself looking at magazines and stuff,” says Powell.
He says when they went to check out, he realized he couldn’t pay for the diapers they were trying to buy.

Filed Under: Shoplifting Prevention Tagged With: , , , , , , , , , , ,

Just Don’t Do It- Loss Prevention Seminars

December 16, 2014 by
When I was growing up, my parents were notorious for telling me not to do things. They never really explained why not, they just told me not to. I can attest to the fact that this was not the most effective way to teach me a lesson. Now, as an adult, when I conduct loss prevention seminars, I go beyond just saying, “don’t do it” and actually share information to make a difference.
When employee theft is happening in a store, or is about to happen, you have to be more prepared than having a sign that says, “shoplifting will be prosecuted”. You have to train your employees that you are aware of different methods, and tactics used in employee theft. You have to be able to train the other employees to be eyes and ears when you are not there.
By sharing information on employee theft during loss prevention seminars you have the information to help your employees make better decisions. Employees who see the heightened awareness level in a store are less likely to try and get away with employee theft. 
The stores that have a blanket statement, but no training or awareness, are more likely to have theft issues. Without a clear understanding of how deep the awareness and prevention goes in a store, the more likely employees are to abuse the system.
For more information on Loss Prevention Seminars, Loss Prevention Training, or Loss Prevention Workshop contact us or call 1.770.426.0547 – Atlanta Georgia
Visit the Loss Prevention Systems website for more information on Retail Employee Theft and Retail Shoplifting problems and view the Retail Loss Prevention Seminars, Retail Loss Prevention Training and Retail Loss Prevention Workshop we offer to help with your Employee Theft and Shoplifting problems.

When I was growing up, my parents were notorious for telling me not to do things. They never really explained why not, they just told me not to. I can attest to the fact that this was not the most effective way to teach me a lesson. Now, as an adult, when I conduct loss prevention seminars, I go beyond just saying, “don’t do it” and actually share information to make a difference.

When employee theft is happening in a store, or is about to happen, you have to be more prepared than having a sign that says, “shoplifting will be prosecuted”. You have to train your employees that you are aware of different methods, and tactics used in employee theft. You have to be able to train the other employees to be eyes and ears when you are not there.

By sharing information on employee theft during loss prevention seminars you have the information to help your employees make better decisions. Employees who see the heightened awareness level in a store are less likely to try and get away with employee theft. 

The stores that have a blanket statement, but no training or awareness, are more likely to have theft issues. Without a clear understanding of how deep the awareness and prevention goes in a store, the more likely employees are to abuse the system.

For more information on Loss Prevention Seminars, Loss Prevention Training, or Loss Prevention Workshop contact us or call 1.770.426.0547 – Atlanta Georgia

Visit the Loss Prevention Systems website for more information on Retail Employee Theft and Retail Shoplifting problems and view the Retail Loss Prevention Seminars, Retail Loss Prevention Training and Retail Loss Prevention Workshop we offer to help with your Employee Theft and Shoplifting problems.

 

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Employee Theft This Holiday Season

December 9, 2014 by Leave a Comment

theft (2)Billions of dollars are lost every year due to shoplifting every year in the United States. Many retails stores prosecute every incident and some others choose not to contact the police. According to research, 64% of small businesses that have experienced employee theft, only 16% have reported the incident to authorities. One of the main reasons not to prosecute the employee according to the research is because the expense of hiring attorneys outweighs the theft committed by the employee. You can read more news about shoplifting by following the links below.

Shoplifters pepper spray Walmart employee during attempted toy theft

SAND SPRINGS — Police are searching for two women who used pepper spray on a Walmart employee while attempting to steal toys from the store Monday morning.

The robbery attempt happened about 1:30 a.m. when two women tried to leave the store with several toys, Sand Springs Deputy Police Chief Mike Carter said.

One of the women used pepper spray on an employee who intervened before they fled the area in a black or navy blue Chrysler PT Cruiser, Carter said.

Detailed descriptions of the shoplifters were not provided.

Anyone with information about the crime is asked to call the Sand Springs Police Department at 918-245-8777.

5 ways to avoid employee theft and fraud at Christmas

Christmas: a time when many businesses celebrate the harmony between carols and cash registers. But while Christmas may be a cash cow for some, the combination of temporary staff, increased business activity and financial pressure on staff can move your business from booming to busted.

Employee fraud and theft have fast become a major problem for small businesses in Australia. According to KPMG, workplace fraud more than trebled between 1997 and 2012, costing businesses millions of dollars.

While employee fraud and theft happen all year round, the hectic nature of Christmas produces the perfect environment for staff, both long-standing and new, to become opportunistic.

You see, opportunity is one of the key drivers of employee theft. In a recent global survey by the Association of Certified Fraud Examiners, 85 per cent of respondents admitted that they would commit a fraud if the ‘right’ circumstances existed.

Employee Theft Is More Widespread Than You Think

Think of all the ways stores lose money.

Pricing Errors. Damaged Goods. But what about when employees steal merchandise? It’s actually a lot more common than you would think.

There’s a reason your average shopper doesn’t know about this problem.

“It’s kind of an embarrassing topic,” says Richard Hollinger. He’s a criminology professor at the University of Florida and he’s been studying why and how employees steal for more than 25 years.

It all started when he was 16. He was working at a small grocery store just south of Macon, Georgia.

“Some of the guys around me, they would graze or eat their way through the store. And I asked them: ‘Stealing food and eating it while you’re at work: isn’t that theft?’ And they go, ‘No, that’s part of your fringe benefits package.’”

Filed Under: Shoplifting Prevention Tagged With: , , , , , , , , , , ,

What Makes You Vulnerable? – Shoplifting

November 20, 2014 by
Shoplifting happens to the best of us. No matter how many protections we place in and around our store, shoplifting is going to happen and there is nothing we can do about it… At least that’s how some business owners seem to think.
The reality is that most shoplifting can be prevented. Some of them might be easy fixes, and some of them might require a more complex system to keep the shrink losses at bay. 
The difference between the two thought processes is in the amount of loss prevention training you have. The more training and education you have, the better your chances of reducing your overall shrink losses.
The key is in knowing what your specific store vulnerabilities are and how they happen. Maybe you have inattentive employees on the weekends. Perhaps your high theft merchandise would benefit from being placed at the front of the store where employees can watch it better. Can you use EAS and other retail anti theft devices to keep your desirable products on the sales floor for customers, but deterring theft at the same time?
Loss prevention training isn’t just about how to apprehend a shoplifter. It is about identifying your store’s vulnerable areas and finding plausible, financially sound, and effective solutions for them. 
For more information on Loss Prevention Seminars, Loss Prevention Training, or Loss Prevention Workshop contact us or call 1.770.426.0547 – Atlanta Georgia
Visit the Loss Prevention Systems website for more information on Retail Employee Theft and Retail Shoplifting problems and view the Retail Loss Prevention Seminars, Retail Loss Prevention Training and Retail Loss Prevention Workshop we offer to help with your Employee Theft and Shoplifting problems.

Shoplifting happens to the best of us. No matter how many protections we place in and around our store, shoplifting is going to happen and there is nothing we can do about it… At least that’s how some business owners seem to think.

The reality is that most shoplifting can be prevented. Some of them might be easy fixes, and some of them might require a more complex system to keep the shrink losses at bay.

The difference between the two thought processes is in the amount of loss prevention training you have. The more training and education you have, the better your chances of reducing your overall shrink losses.

The key is in knowing what your specific store vulnerabilities are and how they happen. Maybe you have inattentive employees on the weekends. Perhaps your high theft merchandise would benefit from being placed at the front of the store where employees can watch it better. Can you use EAS and other retail anti theft devices to keep your desirable products on the sales floor for customers, but deterring theft at the same time?

Loss prevention training isn’t just about how to apprehend a shoplifter. It is about identifying your store’s vulnerable areas and finding plausible, financially sound, and effective solutions for them.

For more information on Loss Prevention Seminars, Loss Prevention Training, or Loss Prevention Workshop contact us or call 1.770.426.0547 – Atlanta Georgia

Visit the Loss Prevention Systems website for more information on Retail Employee Theft and Retail Shoplifting problems and view the Retail Loss Prevention Seminars, Retail Loss Prevention Training and Retail Loss Prevention Workshop we offer to help with your Employee Theft and Shoplifting problems.

 

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