Running a business requires numerous responsibilities with various components. As a business owner, you'll need to learn which ones you should complete and which tasks others should handle. One fundamental element for any business is loss prevention. It protects your inventory from shoplifters, employee theft, and shrinkage while protecting your profits. Many retail strategies and [...]
What can I do to reduce shrinkage in my store? Where can I find effective loss prevention devices that are affordable? Is it possible to have 0% shrinkage in my store? If you've found yourself asking those questions and similar ones, you're not alone. Retail shrinkage includes everything from theft, product damages, administrative errors, or [...]
Investing in high-quality and effective anti-theft devices for your retail store should be viewed as an essential aspect of your business. These devices help to reduce shoplifting incidents, so whether it's a $10 or $100 item, theft could end up costing you thousands of dollars in just a few months! Taking the time to research [...]
As the cost of living continues to increase, we expect that theft will rise alongside it. For example, you might see the average person trying to meet their basic needs by stealing food or personal care items. Or you might see an increase in Organized Retail Crime (ORC) groups stealing in-demand products so they can [...]
Internal theft from employees is a constant concern for retailers, and even with prevention programs in place. Do you know how much employee theft occurs in the United States? At Product Protection Solutions (PPS), we know knowledge is power. So we’ve gathered some of the latest employee theft statistics and included tips on protecting your [...]
Merchandise protection devices, also known as loss prevention solutions, are used to protect the high shrink products in your store. These devices are available in various styles and sizes. You can incorporate them with anti-theft systems that use AM, RF, and RFID technology. Which might lead you to the question, “How do I find [...]
Unlike large companies that can dedicate an entire department to loss prevention solutions, it can be challenging to maintain an effective strategy if you're a small or medium-sized retailer. At Product Protection Solutions (PPS), we've developed a loss prevention checklist for retailers. This checklist will help you protect all areas of your business from internal [...]
'Twas the night before Christmas, when all through the store Not one employee was stirring, the sales were no more; The security tags were placed on the merchandise with care, In hopes that thieves would stay away from there; All the quad wraps had been carefully applied to designer wear While the bottle [...]
Liquor bottle tops are security tags that come in various sizes that fit liquor and wine bottles. The bottle tops are a security device placed around the bottle’s neck to prevent theft, in-store consumption, and bottle content transfer. This article will help you determine if this device is your ideal solution, describe device styles available, [...]
