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The Post-COVID Surge of In-Store Violence and Evolving Loss Prevention Policies

Retail TouchPoints

This increased risk has forced retailers to reconsider their loss prevention strategies. It’s no longer just about stopping theft; protecting staff and customers from harm is now a top priority, prompting retailers to adopt more comprehensive and proactive approaches to loss prevention and safety.

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Capri Group Brands to Roll Out RFID in European Markets

Retail TouchPoints

The initial phase of the rollout will focus on optimizing in-store operations and customer experience, followed by the implementation of loss prevention and supply chain solutions.

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Harsh Returns Policies Push Retailers to Plan for New Types of Returns Fraud

Retail TouchPoints

At the same time, a rigid strategy like no receipt, no returns can sour loyal customers as well as drive fraudsters toward new criminal tactics, forcing loss prevention teams to continually change strategies. This intelligence helps provide an anonymized look at each transaction and find questionable returns.

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Sensormatic Debuts Loss Prevention Labels Designed for Metal Products

Retail TouchPoints

Sensormatic Solutions has introduced an acousto-magnetic metal label designed to protect high-risk products with metal surfaces like cookware, canned foods and power tools. The new label helps retailers protect previously unprotectable items, while also reducing the labor demand associated with tagging and monitoring these products.

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Investing in Security: How Physical Barriers Protect your Bottom Line

Retail TouchPoints

They enhance loss prevention. For businesses managing substantial inventory, gates and grilles play a crucial role in loss prevention. By controlling the movement of both personnel and assets, they help prevent unauthorized exits that could lead to inventory shrinkage a growing concern for many businesses.

Shrinkage 147
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Three Design Tips for Fighting Shrink

Retail TouchPoints

That means asking questions like: What more can be done to deter theft using store layout, customer flow, shelf height, mirrors, lighting and the placement of gondolas, merchandise and security cameras? What are the most customer-friendly ways to protect high-value items from smash-and-grabs? Here are three possible areas of focus.

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Turn Your Store Associates into Superheroes with These Four POS Capabilities

Retail TouchPoints

Follow evolving protocols as they relate to loss prevention. Personalize the experience. And process returns of stuff people don’t want! They likely need to host events, too, since store events are all the rage. Keep the stores tidy. Make sure shoppers sign up for loyalty programs and private label credit cards.