The primary purpose of loss prevention in retail is to deter product loss from theft with the goal of preserving your profits. A successful loss prevention strategy requires more than security cameras and anti-theft devices. Loss prevention is an ever-evolving industry where thieves are constantly growing, adapting, and finding new ways to steal from [...]
Even if you haven’t used peace of mind and loss prevention in the same sentence, we have encouraging news — it’s possible! Just like when you were a graduating senior in high school with your future plans ready, you can walk into work with a sense of calmness and anticipation of what’s to come. [...]
As you continue with your workday, you decide to take a quick lap around the store to see how everything is going out front. Walking around, you see all the shelves are well-stocked with merchandise. As you round the corner, you notice a recently hired employee installing an anti-sweep device in the OTC cold [...]
Unlike most shoplifters who attempt to hide merchandise inside their clothes or bags, organized retail crime (ORC) groups take it a step further. They're a group of professionals that use clever methods to steal from retailers. And ORC crimes continue to increase. The National Retail Federation's most recent survey shows that ORC theft costs [...]
Artificial intelligence, or AI, is a current trend for retailers. This growing market allows owners to enhance their business in numerous ways - from automating specific tasks, predicting the market demand, and even increasing the customer's shopping experience (in person and online). And it's not going away. In 2021, the AI retail market was $4.84 [...]
When you research online for ways to prevent shoplifting in retail stores, there are over 3 million results! Even if you only look at the articles from page one, it’ll still take you some time to read through all the information. Save yourself time and effort by following a few steps to help you determine [...]
Did you know in 2020, the average shoplifter stole $461.86 from retailers? (2021 National Retail Security Survey) Investing in reliable, high-quality retail anti-theft devices will help to reduce theft, and you will save thousands of dollars over time. The good news is there are numerous device options available for you to select. If the process [...]
Loss is one thing we can always expect in the retail industry. Whether you're an owner or loss prevention professional, you've seen how shrinkage can impact a business. One of the best approaches to securing your profits from shrinkage is implementing loss prevention methods. Numerous strategies are available, ranging from simple, straightforward solutions to options [...]
Whether you own a supermarket, retail business, or liquor store, theft is a valid concern for all owners. At Product Protection Solutions (PPS), our team offers support and tools for your whole business. We'll work with you to find the security solutions that'll help to increase your profitability while maintaining a positive shopping experience for [...]
