The seven types of shoplifters set to cost retailers

Seven types of shoplifters

Despite major improvements in retail security technology, shoplifting remains Australia’s largest contributor to the whopping $2.7 billion cost of national retail shrink. For merchants it’s a frustrating phenomenon that’s likely to become even more prevalent over coming weeks as we enter the retail bonanza of Christmas. So, as retail embraces the festive season, let’s go…

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The hidden options for EAS. The time is now

Concealed EAS

Due to their minimalist design and aesthetic appeal, concealed Security Systems or Electronic Article Surveillance (EAS) systems are an increasingly popular option for retailers looking to maintain item security, without the look of pedestals. And there are a variety of options for retailers embracing this trend. From overhead surveillance to under floor systems and concealed…

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RF or AM – Which Electronic Article Surveillance (EAS) system is right for you?

RF or AM EAS system

Used by over 73% of retailers worldwide according to the Global Retail Theft Barometer, electronic article surveillance (EAS) is considered one of the most effective weapons in the war against shoplifting. Encompassing a series of systems that electronically monitor products via tags and antennas, the two most commonly utilised technologies are Radio Frequency (RF) and…

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Top Strategies to reduce retail shrinkage

reduce retail shrinkage

The bricks and mortar retail environment may have changed dramatically in the past few years , but according to the Global Retail Theft Barometer, the cold hard numbers of retail shrink have altered little. Comprising shoplifting, employee theft, supply chain loss and fraud, it’s a global problem equating to US$1.234 billion annually or 1.23 per…

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