When you're challenged with theft, inventory discrepancies, and other shrinkage concerns, finding a quick and cost-effective solution can help to protect your profits. At Product Protection Solutions (PPS), we are here to assist you. We have numerous loss prevention tools available. If you need a solution to fit a specific goal, we will help find [...]
When you begin searching online to purchase anti-theft devices for retail stores, you’ll find various options from different styles to sizes. If you’re not familiar with the tools available, you might be unsure of the right choice for you. Instead of trying to select the product yourself, you can talk to someone who is [...]
Retail shrinkage, also known as inventory shrinkage, occurs when the product's inventory number is different from what is physically available. When this happens, you lose valuable money from the sale of that product. Retail loss is a primary concern for many retailers. Learning the leading causes of retail shrinkage and how to prevent them is [...]
'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 [...]
As shrinkage continues to increase for retailers, the National Retail Federation's 2019 National Retail Security Survey estimates that $50.6 billion in shrinkage will impact the industry. That noticeable amount also includes wine and liquor shrinkage, making theft protection even more vital in the months and years ahead. What preparations are you putting into place to [...]
Protecting your merchandise from amateur and professional thieves is an essential business strategy to guarantee your profits don’t walk out the door. Liquors, wines, and spirits are high-value and high-profit merchandise that’s worth protecting. Knowing where to start can sometimes seem like a major project, but it doesn’t have to feel that way. That’s where [...]
As retail shrinkage and theft continue to rise, loss prevention (LP) professionals are constantly making changes to protect their store's merchandise. Unfortunately, continually researching the best loss prevention tips and solutions requires additional time that a busy schedule might lack. That's when a loss prevention company can step in and help relieve some of that [...]
Developing and maintaining a loss prevention strategy is an ongoing process for any business professional (whether you’re the business owner, finance, merchandising, or loss prevention professional). You will need to adapt to a constantly changing retail environment and make loss prevention changes as necessary. Begin by understanding the company’s needs and goals. This will [...]
