Effective loss prevention involves an ongoing understanding of exactly what is occurring in-store and the strategies which will best combat any loss occurring. Like anything, these strategies will also evolve…
The future of loss prevention
For as long as there has been commerce and retail, there has been the threat of theft and loss. That said, the loss prevention landscape has shifted markedly over the…
Protecting baby formula and alcohol against theft
In Australia, baby formula and alcohol rank as the two most commonly stolen items in the food and beverage sector, costing grocery and beverage retailers millions of dollars each year.…
How tempting is your store for shoplifters?
Shoplifting is a crime of opportunity, meaning store shoplifters or even casual thieves will only target a retail outlet because they feel they can. So, as you look ahead to…
Shoplifting prevention for clothing retailers
Clothing continues to rank as the most shoplifted item in Australia, far outpacing electronics in terms of the volume of theft and percentage of sales lost. If you’re embracing 2020…
A retail loss prevention checklist for 2020
After what many hope has been a bumper Christmas sales period for the Australian retail sector, the focus is now shifting to 2020 and the year ahead.For many retailers, the…
Retail Loss prevention – a guide for retailers
Retail shrink costs the Australian industry billions each year and for the retailers looking to stem the flow of loss, keeping up to date with the best techniques and security…
Rethinking the fitting room
In recent years the fitting room hasn’t had much thought. A couple of curtains, a little privacy, an attendant to count items in and out – voila change rooms taken…
Protecting apparel – the most shoplifted products in Australia
Electronics might steal the limelight when it comes to the theft of high-value goods, but make no mistake, apparel and accessories are the most commonly shoplifted items in Australian retail.…
$71 billion in lost retail opportunity
Negative shopping experiences are costing Australian retailers $71 billion in lost revenue each year, with out of stock events and long lines the factors most likely to see consumers seek…
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…
New report finds a surge in shoplifting
An Australian-based shoplifting study has found the crime is surging, with major retailers losing over $3.3 billion last year alone. The research further indicates self-service checkouts and increasingly brazen criminals…