Accounting Loss Prevention Store Operations 
Retail TouchPoints
JANUARY 8, 2024
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%
Retail TouchPoints
APRIL 22, 2021
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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Retail TouchPoints
DECEMBER 5, 2024
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?
Retail TouchPoints
NOVEMBER 13, 2024
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.
Retail TouchPoints
FEBRUARY 26, 2024
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.
Retail TouchPoints
NOVEMBER 7, 2023
Typically, ORC is reliant on a single entity, like an address, credit card or store account that connects a complex crime ring across retail stores. What’s more, these scenarios are also becoming more blatant in recent months as fraudsters have raided and ransacked department stores.
Retail TouchPoints
FEBRUARY 22, 2024
The Akamai 2023 State of the Internet report revealed that retail continues to be the most targeted industry for cyberattacks, accounting for over 14 billion observed incursions. Risks from cyber threats including fraud, account takeovers, malware, ransomware, compromised business emails and data breaches all begin with an initial breach.
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