When an employee steals from their job, it's known as internal (or employee) theft. The good news is that employee theft apprehensions were down significantly in 2020 compared to 2019 (2020 saw an average of 361.6 arrests compared to 560 arrests in 2019). To continue lowering employee theft in retail stores, you should know the [...]
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 [...]
Theft is an occurrence every retailer will face at some point in their business. Instead of trying to avoid it, there are solutions and services available that can assist you in your efforts. This article will educate you on the value of business theft prevention solutions and how implementing strategies can prevent theft before it [...]
Did you know RFID (radio frequency identification) technology can reduce shrinkage caused by administrative errors, incorrect inventory data, and theft? Depending on the system you purchase, you can customize your RFID theft prevention system to meet several of your needs. Learn more about how RFID technology can reduce your shrinkage and tips on selecting [...]
When you work in retail, it doesn't take long to notice that shoplifting is a primary concern. Have you ever wondered how much theft actually occurs in the United States? We've collected some of the most interesting retail shoplifting statistics and included helpful tips on protecting your business from this concern. Retail Shoplifting Statistics [...]
Easy to conceal. High cost. High resell value. Those are just a few reasons why makeup is a high shrink item for retailers. There is a solution! Implementing a loss prevention strategy can save your business thousands in losses. One strategy that many businesses will use is to lock up their merchandise to keep it [...]
Buying clothing security tags online is a quick way to ensure that you maintain inventory on your loss prevention supplies. However, before you invest in clothing security tags, do you know which ones are the best solution for your needs? There are a variety of loss prevention security devices available, make sure you purchase the [...]
RFID tags are part of a network-connected security EAS system that uses radio waves to transmit data back and forth from the base (EAS system) and the reader (RFID tag). RFID technology has shown tremendous benefits with loss prevention success over the years. These devices are effective loss prevention tools that also work as an [...]
Thanks to advancing technology, businesses have access to numerous loss prevention tools to significantly reduce theft, free up employees’ time, and provide accurate inventory data. Retail security sensor systems that use electronic article surveillance (EAS) are among the best options available for retailers. EAS systems provide a visual deterrent that sounds alarms when someone [...]
