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Smash-and-Grab Is Only One Part of a Retailer’s Loss Prevention Story

Retail TouchPoints

Yet despite the growing frequency of ORC, retailers would be remiss to focus their loss prevention efforts solely on these brazen, smash-and-grab scenarios. In fact, according to the 2023 National Retail Security Survey conducted by NRF, Appriss Retail and the Loss Prevention Research Council, 68.8% Similarly, 57.8%

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Sensormatic Solutions and MTI Add New Loss Prevention Tools for High-Value Devices

Retail TouchPoints

Sensormatic Solutions has extended its partnership with MTI to offer additional loss prevention and liability offerings for high-value electronics, including smartphones, tablets and cameras. The solutions are designed to safeguard these devices while still letting customers interact freely with them.

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Turn Your Store Associates into Superheroes with These Four POS Capabilities

Retail TouchPoints

They likely need to host events, too, since store events are all the rage. Keep the stores tidy. Follow evolving protocols as they relate to loss prevention. And, and, and… Are we expecting too much from store associates? Remember all the things associates are expected to do in stores?

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Investing in Security: How Physical Barriers Protect your Bottom Line

Retail TouchPoints

billion to theft, with organized retail crime (ORC) accounting for 37% of these losses. They enhance loss prevention. For businesses managing substantial inventory, gates and grilles play a crucial role in loss prevention. The stakes for facility security have never been higher. In 2023, U.S.

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The Role of Communication in Streamlining Retail Security Operations

Retail TouchPoints

Fewer false alarms: Don’t waste resources or disrupt store operations unless the threat is real. Effective communication systems ensure loss prevention and security can quickly rule out suspicious activity. Retailers can use this accountability to improve response tactics and planning.

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Retail Risk is Serious Business – and it’s Time we Acted Like it

Retail TouchPoints

It isnt realistic for stores to catch every shoplifter, but they can (and do) take steps to significantly reduce the ability of ORC groups to operate at scale. The National Retail Federation notes that while retail crime is still an issue, progress is being made and retailers have been working aggressively to address the problem.

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Exclusive: How Daniel’s Jewelers is Using Vision AI to Better Serve its Customers

Retail TouchPoints

One prime example: the retailer’s partnership with RetailNext to use in-store traffic analytics for shaping everything from staffing strategies to improving store performance and even loss prevention. I learned to collect accounts from this grumpy old dude, who is now the grumpy old dude running our collections.