What are your Loss Prevention Priorities for this year?

theft (11)The workforce in any retail store has to be aware of the policies and procedures that a company or retail store has to deterred shoplifting, and the steps to take when encountering a shoplifting incident. Your management team has to be the most knowledgeable about what to do and how to proceed during such incidents and the steps necessary to take to make certain the safety of the employees are not jeopardized. Shrinkage due to employee theft is very prevalent in retail and the amount they shoplift surpasses that of the amateur shoplifter, being aware of what is going on in your store can lead to less shrinkage and more profits for your store.

Read more news about shoplifting by following the links below.


Retail loss prevention team priorities for 2014

The challenges facing today’s retail loss prevention teams are increasingly complex and serious, from cyber security to active shooter to workforce training, compliance issues and – unfortunately – even armed gunmen inside stores or shopping malls. And with NRF’s annual Loss Prevention Conference and EXPO coming up in June, we wanted to know what’s top of mind for retail LP professionals. We asked a few of our LP Advisory Council members to weigh in on what their top priorities are for 2014. Three different retailers, three different answers. But in our unofficial small survey, we found one common theme — people.


Retailer Keeps Loss Prevention Low and Customer Satisfaction High with DigitalPersona Fingerprint Solution

DigitalPersona, Inc., a trusted partner for biometric identity verification solutions, today announced that  New Look, a leading China fashion retailer, has selected a Point-of-Sale (POS) system enabled with DigitalPersona® fingerprint technology. After a successful trial at six of the retailer’s stores in February 2014, New Look is set to expand their use of biometrics in 16 of its stores by the end of 2014 — with longer-range plans to equip 100 stores by 2017. The retailer initially selected biometric technology as an alternative to passwords for improving time and attendance accuracy, but found it also enhances loss prevention and customer service.


Stupid Criminal: Doomed robbery

Today’s Stupid Criminals were doomed from the beginning.

You would think if you are going to rob a store, you might want to first look into what that store sells.

Well these Stupid Criminals thought it would be a good idea to rob this store in Dallas, Texas but you see that wasn’t the smartest idea.

Why?

Because what does the store sell? Surveillance cameras of course.

The owner of the security business supply store caught both the criminals on no less than 17 cameras.

Now the robbers did have plenty of warning before they tried to rob the store. There were at least four signs outside the store that told them they were being recorded.

They were able to get away with $10,000 worth of equipment.

No word yet if they’ve been caught.


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