Paul Jones LPC’s Post

Retail theft, often called shoplifting, is a prevalent issue affecting businesses of all sizes. It can lead to significant financial losses, increased consumer prices, and even harm a store’s reputation. This guide will explore practical strategies to prevent retail theft in stores. By understanding the scope of the problem and implementing preventive measures, retailers can protect their assets and create a safer shopping environment for customers. #simbapos #business #retail #success #security

Retail theft surges 93 percent since 2019, with rising violence concerns: New industry study reveals dramatic increase in retail theft and unprecedented levels of violence against store employees. #RetailTheft #Shoplifting #CrimeStatistics #StoreSafety #RetailIndustry

Stores have seen a significant rise in crime, with retail theft and losses nearly doubling from pre-pandemic levels, according to a recent industry report. The National Retail Federation and nonprofit Loss Prevention Research Council revealed that retailers surveyed reported a 93% increase in the average number of annual shoplifting incidents from 2019 to 2023. This data underscores the challenges faced by stores in combating theft and maintaining security.

🔒With Loss Prevention a critical priority for retailers, we've been talking to Retail Focus about the innovative product solutions were designing to deter criminals and make theft significantly more challenging. Reach out to learn more about how Harrison Retail can support you [email protected] #RetailSecurity #LossPrevention #Innovation #RetailSolutions

This article details a nationwide shoplifting scheme led by a Bonsall mother who ran an $8 million operation. As a Loss Prevention Field Director, it serves as a stark reminder of the importance of vigilance across all areas of retail operations. Organized theft schemes are becoming more sophisticated, making it essential for loss prevention teams to enhance training, invest in technology, and stay ahead of emerging trends. Building strong partnerships with law enforcement and developing proactive strategies can mitigate risks and protect assets effectively. For more details, you can read the full article below.

How do you feel about NRF not releasing its annual shrink and retail theft report? In my industry experience, this report was a key reference point and a benchmark for many retail professionals and outlets. With the dynamic nature of the retail landscape, effectively measuring shrink does pose challenges with so many factors in play. It'll be interesting to see what they produce in the future, or if they decide to shift their shrink and loss prevention efforts from research and reporting to advocacy with their coalition and "Fight Retail Crime Day" as the foundation. #RetailIndustry #ShrinkReport #RetailCrime #NRF #LossPrevention #RetailTheftReport #RetailTheft https://lnkd.in/eWifF68X

With shoplifting costing Canadian retailers a staggering $5 billion annually, convenience stores are on the front line of a growing theft crisis. Experts discuss security measures, including AI-enabled surveillance and loss prevention technology, to help operators protect their businesses and staff. https://ow.ly/Gsk650UaVUo #CanadianConvenience #cstores #cornerstores

Recent research from Capital One Shopping reveals troubling statistics on retail theft. Stores lost $121.6 billion to theft in 2023, with projections soaring to over $150 billion by 2026. In 2022, shoplifting surged 19.4% year-over-year, with organized retail crime and cargo theft being major contributors. External theft, including shoplifting, accounts for 37% of losses, and the average shoplifter is caught just 2% of the time. These insights highlight the urgent need for advanced loss prevention strategies in the retail industry, such as Purchek® Technology, which prevents pushout cart-based theft, and protects employees from violence, while maintaining a positive shopping environment. Full Report Here: https://lnkd.in/gZXrMUfd #RetailTheft #Shoplifting #LossPrevention #RetailIndustry #OrganizedRetailCrime #purchek #assetprotection #pushouttheft

Tired of retail theft eating into your profits? 🔒 Our guide outlines 5 effective strategies to protect your store. From enhancing surveillance to empowering employees, we've got you covered. Learn how to create a safer shopping environment and boost your bottom line. #retailtheft #lossprevention #retailisecurity https://lnkd.in/d98HWijw