Loss prevention -
Apparently in a down economy like this, one thing that goes up is shoplifting. According to a recent article in RetailWeek, The British Crime Survey, published in July, revealed shoplifting was up 10% overall in the past year. London saw an 11% hike while in the Northeast shop theft had soared 22%. Wow!!
Five suggestions for loss prevention
1. If you don’t have EAS tags on your high priced items...do it now
2. Put BI solutions in place to identify employee theft...if you don't know it you can't prevent it
3. Make sure anti-theft measures do not deter sales...don't lock down merchandise, instead use something like CheckPoint's 'keepers'
4. Video surveillance...install high res, ip-based, panoramic surveillance cameras..let me know if you need help finding one
5. Security personnel in store...dah!
