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Apple’s Watch 5 to prompt surge in wearable popularity

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Smart watch - wearables vitag

Apple has unveiled its latest smart watch as more and more brands embrace the wearable trend and these accessories continue to grow in popularity. For retailers, the Apple Watch and its counterparts offer a real opportunity to spark consumer interest, but as a high-value item prone to theft, they also require a loss prevention focus.…

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Technology in the fight against self-checkout theft

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Technology in the fight against self-checkout theft

Artificial Intelligence and increased surveillance are among the new technologies being employed by Australia’s major retailers in a bid to combat self-checkout theft. The move comes amidst reports seven per cent of consumers admit to committing self-service checkout theft in a trend that costs the retail sector billions. Here’s an insight into self-checkout theft in…

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Nine reasons Electronic Article Surveillance is on the rise

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Nine reasons Electronic Article Surveillance is on the rise

A recent US study has found more and more retailers are turning to electronic article surveillance in a bid to combat shoplifting, with the adoption of merchandise alarms and security tags increasing in the past year. The findings were noted in the US National Retail Federation’s annual security survey and support a further report that…

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Understanding retail loss

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Understanding Retail Loss

Each year retail loss costs Australian retailers dearly, with the most recent figures from the Australian Retailers Association (ARA) indicating it sets the industry back $7.5 billion annually. This figure shows little signs of abating either, with shoplifting, employee theft, vendor fraud and administrative error among the major causes of retail shrink. Here’s an insight…

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The ROI on your new EAS Security Tag system

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THE ROI ON YOUR NEW EAS SECURITY TAG SYSTEM

Like any business decision, installing a new Electronic Article Surveillance system should be carefully considered in a bid to maximise your return on investment. So how do you calculate that ROI and what should you consider? EAS lifespan Broadly speaking, a reputable EAS system have an expected lifespan of about 10-15 years. During that time,…

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Combatting mobile phone gangs

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Combatting Mobile Phone Gangs

A recent news story on A Current Affair highlights the increasing challenges mobile phone retailers face when it comes to protecting their staff, their customers and their products in the face of targeted mobile device theft. Aired on April 15, the story showed CCTV footage from Brisbane, Sydney and Melbourne telco stores where gangs of…

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A guide to selecting security labels

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A guide to selecting security labels

When it comes to securing a retail outlet against theft, security labels are considered the ideal way of protecting low value, high volume stock. Used by large and small retailers worldwide, they offer affordable product-based security that is easy to apply and quick to deactivate at the Point of Sale. This makes security labels specifically…

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Protecting IoT products in-store

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Protecting IoT

Australia stands at the doorstep of a “smart home” revolution, with IoT devices like smart speakers and security cameras set to see adoption more than double in the next three years. For the retailers marketing these devices, the sector is already worth $583 million and is expected to increase rapidly over the coming years. So,…

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What to look for in security tags

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Z50 Security Tag

When it comes to loss prevention, Electronic Article Surveillance (EAS) remains the most popular and effective product-based anti-shoplifting strategy available to retailers. Comprising hard tags, labels and antenna, the system is used by an estimated 90 per cent of Australian retailers, reducing shoplifting by up to 80 per cent. However, when harnessing the power of…

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Top 10 tips to reduce false EAS Security Tag alarms

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10 Tips to reduce false alarming

Security tag or label based Electronic article surveillance remains one of the most effective ways of protecting individual retail products against theft and loss. But if your system is sounding false alarms, it not only desensitises staff to potential threats but also directly affects the customer experience in-store. Here are 10 tips to reduce false EAS alarms……

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