During the 2016 calendar years, the average retail business inventory shrink rate increased from 1.38 percent in 2015 to 1.44 percent, according to information from the National Retain Security Survey of 2017. A total of 37 percent of all retail inventory loss was the result of shoplifting by outside customers, which was followed by employee theft at 30 percent, administrative errors representing 21 percent and vendor fraud, five percent. The total worth of all this lost inventory was $48.9 billion.
While you may be using anti-theft tags and video surveillance to deter theft, this may not […]
While it may seem like a straightforward and easy decision, selecting the right security system provider for your business isn’t always so cut and dry. If you live in a location where there are several options regarding security companies, you need to do a bit of research to find the one that best meets your needs. Some factors to keep in mind are found here.
Is the Company Reputable?
When a security company is reputable, they are going to have quite a bit of positive feedback from other business owners. This can include online reviews and word […]
If you are the owner or manager of a retail store, then you already understand how important it is to create a safe and secure environment for your workers, as well as your customers and vendors. You also understand why it is necessary to take steps to prevent losses and reduce shrinkage.
If you are searching for a few new tips to help create a safer, more secure retail location, you’re in luck. Here you can learn some practical tips that have been proven effective in a retail setting.
Install Security Equipment
Perhaps the most important thing […]
With the holiday shopping season in full swing, you are likely looking forward to the increased profits. However, as you prepare for the rush, you need to think about more than just the money to be made. In fact, one of the most important considerations is the security you have in place. The fact is, some people will be trying to take advantage of the “five finger discount” during the holidays = more so than any other time of the year. Make sure your business is ready with the following tips.
Make Sure You have Video Surveillance
A security […]