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Tag Archives: loss prevention

How to Protect From Theft Without Losing the Sale

Hardware retailers confronting theft face an uncomfortable balancing act: Protect merchandise aggressively enough to reduce shrink versus keeping your store customer friendly and easy to shop. That tradeoff is the focus of the July 2026 white paper “The Complex Relationship …

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Loss Prevention Technology Roundup

As technology advances, there is an ever-increasing array of tools available to help you deter and detect theft at your retail operation. Understanding your options and making sure you’re using the solutions that make sense for your business is key …

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$743 Billion in Merchandise Returned in 2023

return

Retailers have been focused on efforts to mitigate returns, as total returns for the industry amounted to $743 billion in 2023, a return rate of 14.5%, according to a report released by the National Retail Federation (NRF) and Appriss Retail. …

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Mitigating the Consumer Impact of Retail Theft

With headline after headline warning of the rapid increase of retail theft and other related crimes, retailers have been working toward mitigating the negative impacts of these crimes on their operations and their bottom lines. While it’s clear how retail …

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Building on the Basics of Loss Prevention

loss prevention

According to a recent survey by Coresight Research, retail shrink is getting the attention of consumers, with 26% of respondents indicating they would shop elsewhere if their local store began locking items up. Additionally, 75% of consumers are moderately to extremely …

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