Theft is the most common, and the most financially devastating, loss to a business. Compared to the financial damage done to inventory levels by broken or misplaced items, theft is much more widespread and damaging.
It is more likely that a thief would steal multiples of an item, than it is to have multiples of the same items damaged. It is also more likely to have several different thieves or groups of thieves targeting certain items of merchandise, creating poor sell through of those items.
Additionally, broken or damaged items can potentially be sent back to the vendor or a clam placed against the courier to help get back some of the financial loss.
Shoplifters are harder to get a financial recourse from. Even when a shoplifter is apprehended, it can be very hard to charge them with prior incidents. Unless you have evidence that cannot be contested, you will only be able to claim the loss that was incurred during current incident that the shoplifter was apprehended during.
By stopping a shoplifter, you may have stopped the cause of the losses, but are still out the inventory from those prior incidents.
Visit the Loss Prevention Store for Alpha 2Alarm, Alpha 3Alarm, Alpha Fashion2, Alpha Jewel Lok, Alpha Nano Gate, Alpha Shark Tag, Alpha Spider Wrap and other retail anti-theft devices from Alpha Security to use in conjunction with your Electronic Article Surveillance or EAS system that can help you prevent shoplifting in your business.
For more information on how you can use Alpha Security retail anti-theft devices and your Electronic Article Surveillance or EAS system to prevent shoplifting contact us or call 1.770.426.0547