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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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Beef Up Perimeter Security to Enhance Loss Prevention and Safety

Retail TouchPoints

Loss Prevention Technology is Key. A growing number of retailers are increasing their budgets to implement new technologies in order to prevent theft before it takes place. We recommend the Flock Safety ALPR system precisely because it enables businesses to better collaborate with local law enforcement through technology.

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NRF recognizes loss prevention professionals

Mass Relators

WASHINGTON — The National Retail Federation on Tuesday announced the recipients of its 2023 NRF PROTECT Awards, which the trade group calls the highest loss prevention and asset protection recognitions in the retail industry. Joan Manson, a leader in the loss prevention space for over 40 years.

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Lost Goods or Lost Sales? How Connected Systems can Help Solve Retail’s Most Persistent Dilemma

Retail TouchPoints

As such, there are many factors to consider when implementing new loss prevention tactics. At the top of that list is the effect locks and cases can have on well-intentioned shoppers when not deployed as part of a holistic, data-led loss prevention strategy.

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Battling Loss Prevention: 3 Ways Theatro Can Help You Keep Assets Safe

Theatro

Real-Time Communication When it comes to handling a potential loss prevention scenario, store teams need to be prepared to react quickly in the moment. Theatro’s hands-free, voice-controlled devices enable seamless communication among store associates, managers, and security personnel.

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Planning to Prevent Workplace Violence in Retail

Retail TouchPoints

My 35-plus years of experience in retail, most of that time being in loss prevention, has taught me a lot. Now, as the retail consultant at Acuity Insurance, I work with retail customers – from large multilocation retailers to small mom-and-pop shops – to help manage risks like this. Additionally, the U.S.

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AI Isn’t Going Anywhere: How Retailers Plan to Deploy the Tech in 2024

Retail TouchPoints

Among the current top use cases for AI in retail are: Store analytics and insights; Personalized customer recommendations; Adaptive advertising, promotions and pricing; Stockout and inventory management; and Conversational AI. But many of these tasks may just represent the low-hanging AI fruit.