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

Retail TouchPoints

The Changing Landscape of Retail Crime With this shift in crime, store owners and managers are facing new challenges. This increased risk has forced retailers to reconsider their loss prevention strategies. But now, we’re seeing a worrying trend toward more violent behavior.

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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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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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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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Federal Policies, AI and Supporting Law Enforcement: Retailers Fight Back Against ORC

Retail TouchPoints

billion in losses, up from $93.9 billion in 2021, according to a retail security report from the National Retail Federation (NRF) and the Loss Prevention Research Council (LPRC). Retailers and their loss prevention teams can’t tackle the problem alone. In 2022, shrink caused retailers $112.1

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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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Turn Your Store Associates into Superheroes with These Four POS Capabilities

Retail TouchPoints

Prepping click-and-collect orders, picking and packing ship-from-store orders, managing store-to-store transfers, etc. — Follow evolving protocols as they relate to loss prevention. the fulfillment scenarios really are endless. And don’t forget that they need to sell stuff! And process returns of stuff people don’t want!