Category Archives: Retail shrink

Protect Your Retail Team by Deterring Theft

In the past, shoplifting and other crimes against retailers may have been thought of as “victimless” crimes, but events in recent years have shown that the human costs of these crimes are high. Retailers are in the trenches, daily confronting threats to their teams and their livelihood.  In this blog we’ll talk about the effects […]

5 Ways Retail Loss Prevention Teams Can Lead the Fight Against Theft

For retailers, loss prevention and asset protection are key components of any overall risk management program. Criminal activity is just one cause for loss, but in light of increasing violence associated with organized retail crime, addressing theft is a top priority for retailers. D&D Daily notes that in 2022, there were 694 violent fatalities in […]

Impact of Retail Shrink: From the Bottom Line to Retailers’ Front Lines

When merchandise walks out the door without being paid for, it’s referred to as shrink by retailers. This hits retailer’s bottom line, but shrink also has significant impacts on people, both in terms of safety and economic fallout. To establish some perspective of the size of the problem, in 2021, retail shrink losses in the […]