Since the start of the COVID-19 pandemic, you might have noticed an increase in retail theft. According to the highlights from the National Retail Federation’s 2021 National Retail Security Survey, “participating retailers said the pandemic resulted in an increase in overall risk to their organizations” (page 3).
Using that knowledge, you can equip your business for success by learning how loss prevention devices can help you to prevent retail theft before it occurs.
What is Retail Theft?
Retail theft is when a person is caught stealing merchandise from a retail operation (boutiques, supermarkets, convenience stores, etc.). If the person is apprehended, they will most likely be charged with shoplifting. However, each state has its own set of laws regarding theft. To learn about the laws in your state, click here.
What are Loss Prevention Devices?
Loss prevention products are security devices that make it challenging for a person to steal. There are various types of devices available, ranging in different sizes, styles, and uses to accommodate almost all kinds of merchandise. They are also available in different price ranges and can be bought in different quantities to accommodate most sized budgets.
Examples of loss prevention devices include:
- Mechanical single product dispensers
- Anti-sweep hooks
- Alarm devices
- Transparent cases for individual products
5 Powerful Loss Prevention Devices to Consider for Your Business
Product Protection Solutions (PPS) is a loss prevention company that provides solutions that address many loss concerns. One of those solutions includes the PPS Keepsafe™ Series. Our loss prevention product line offers powerful security where traditional devices fail.
Many of the devices:
- Allow for open display
- Are compatible with RFID technology
- Include advanced magnetic lock protection
- Reduce retail shrinkage
- Support existing planograms
- Simple to add and remove from merchandise
#1 Safers Line
Secure your easy to conceal, high-theft merchandise in a reusable, transparent security case. Unlike locking up your inventory in retail display locks, safers don’t impact the customer’s shopping experience, so they shouldn’t impact sales.
#2 Tags Line
These durable, high-quality hard tags are available in a modern design in a variety of colors to complement your shopping environment. In addition, pairing the device with an EAS RFID system allows them to be a practical inventory management application.
#3 Beverage Protection Line
Whether food and beverage items are your primary merchandise, this line can protect products packages in cans, bottles, or containers. This includes health and beauty items and ice cream pints! We label all the caps with their sizes making it simple for your staff to add them to the correct products.
#4 Alarm Series Line
This series includes devices that can be equipped with 1, 2, or 3-alarm protection. This added layer of security is the ideal option for high-priced merchandise that is a major target for thieves. This line includes quad wraps and adjustable cable locks to be used on several different-sized items.
#5 Device Accessories Line
Every business has unique needs, so you can access numerous device accessories to meet your specific situation. Some of the accessories include:
- Hangers in several styles:
- Hanger Duo
- Hanger Mono
- Hanger Duos
- Detachers in several styles:
- Stoplock Detacher
- Super Detacher
- H-Lock Detacher
Are You Ready to Prevent Retail Theft Now?
“At PPS, our team is always working on bringing innovative and creative solutions to our customers and the loss prevention industry. We’re here to listen to our customers and find the right solution that will secure their bottom line,” said Tim Gates, Senior Vice President of Business Development at PPS.
Contact Tim to learn more about our security devices using our online form or call 866-750-5744.