Retail loss prevention has been part of the retail world for many years. Contributing to the protection of assets and boosting profits, retail loss prevention is a solid operational partner.
In many instances retail loss prevention has proven its worth. When I first started working in the retail loss prevention field, as a loss prevention agent, my job was simple, catch shoplifters. There was nothing to it. Later, as I developed my experienced changed from simply catching shoplifters to employee theft investigation. Employee theft investigation was a more challenging aspect of retail loss prevention. Employee theft investigation showed just how easy it was and is for dishonest employees to ruin a business.
Prior to this experience, I was a bit naïve and thought, “no way, employees don’t steal” or like many managers out there, I thought, “I work with a great group of people, there’s no way they’re stealing”. Hello! Big mistake in the thought process. Infact, in many instances, some of the most trusted employees I worked with were stealing the most merchandise and causing the most retail loss. However, with internal theft or employee theft investigation , I learned that there are many factors leading to retail loss.
Examples of statistical information pertaining to internal theft include: young males (under25), employees with personal money troubles, family members working in or at the same location, disgruntled employees and a lack of management oversight. Although, these are just a few, there is no fool proof way to identify internal theft , nor is there any exact way to stop it. However, with diligent employee theft investigation and a solid loss prevention program, internal theft can be greatly reduced.
Now, the other factor, shoplifting. How can we ever prevent shoplifting? Is it possible to prevent shoplifting? YES! You can prevent shoplifting. Shoplifting has been around since almost the beginning of time and will continue to happen, but it certainly is possible to prevent shoplifting.
For more information about internal theft or employee theft contact us at employee theft investigation or call 1.770.426.0547 – Atlanta Georgia
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