Theft, fraud and shrinkage can wreak havoc on a business, with the Coalition of Law Enforcement and Retail estimating retail crime will top $45 billion in annual losses this year. Discover how fellow hardware and paint retailers handle theft and …
Read More »Tag Archives: loss prevention
Retailers Look for Ways to Combat Organized Theft
Theft and loss have always been a part of the retail landscape, but in the last several weeks, some major retailers have been the victim of organized theft rings. Both the Wall Street Journal and the New York Times have …
Read More »How to Choose the Right Data Backups for Your Business
As high-profile ransomware attacks have been making headlines in recent weeks, and with the U.S. government mandating cyber incident reporting, it’s clear that taking the steps necessary to protect your business and your sensitive data is a critical part of …
Read More »Test Your Team on Loss Prevention
Can your cashiers identify behaviors that are associated with shoplifters? Are your sales associates set up for loss prevention awareness? Use the following scenario to test your team’s skills when it comes to keeping the store, their co-workers and customers …
Read More »10 Approaches to Address Loss Prevention
Earlier this summer, the National Retail Federation (NRF) released its 2019 National Retail Security Survey. The organization compiles the report based on surveys from loss prevention professionals who represent 63 companies within more than a dozen retail segments. The survey …
Read More »3 Ways to Protect Your Business From a Data Breach
Hardware Retailing recently talked to Daniel Eliot, director of education and strategic initiatives for the National Cyber Security Alliance to learn the truth about how cybersecurity impacts small business. Eliot also gave advice on how independent home improvement operators can …
Read More »4 Truths About How Cybersecurity Impacts Your Business
To learn more about how cybersecurity impacts small businesses, Hardware Retailing talked to Daniel Eliot, director of education and strategic initiatives for the National Cyber Security Alliance. For insights into three actions you can take today to protect your business …
Read More »Review These Loss Prevention Tips With Your Staff
Loss prevention is only effective if everyone on your team knows how to spot a shoplifter and stays engaged on the salesfloor. If you have new team members or if you’ve noticed some habits that need correcting, review this checklist …
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