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Slips, Trips and Falls in the Retail Sector: Reducing the Risk

2020-02-12T14:36:07+00:00Categories: CCTV, Retail|Tags: |

Did you know that nearly 50% of all claims made against retailers are slips, trips and falls cases? (source). It’s also important to be aware that slips, trips and falls are the second highest single cause of workplace injuries (source).  If a slip and fall accident occurs in your place of business, it can be difficult [...]

Adopting the Total Retail Loss Model for Improved Loss Prevention

2020-02-10T15:35:53+00:00Categories: Cloud storage, Retail|Tags: |

The Total Retail Loss Report by Professor Adrian Beck, provides the retail industry with a more effective understanding of retail loss. The report begins by laying out why the traditionally used term, “shrinkage” is too narrow. It then develops a more in-depth concept, called “Total Retail Loss.” The study is based on interviews with 100 senior [...]

What Your Business Needs to Know About Slip and Fall Accidents

2020-02-10T15:45:07+00:00Categories: CCTV, Cloud storage, Retail, VSaaS|

25,000 slips and fall accidents occur every day in the U.S. In reality, this figure is larger - for every person who reports an injury from a fall, there’s another three people who have fallen but don’t report it (source). A prevention measure commonly used by management is to implement a safety plan for workers. In [...]

Frictionless Shopping

2020-02-10T15:48:08+00:00Categories: Retail|

In October 2018, we attended the RILA Asset Protection Leaders Council in Philadelphia, USA. This event brings together nearly 50 industry leaders, representing 30+ major North American retailers and leading product manufacturers. Among the highlights of this event was listening to Professor Adrian Beck’s presentation on Frictionless Shopping. The most comprehensive studies on crime at self-scan [...]

How Much are Fraudulent Slips, Trips, and Falls Costing the UK Retail Sector Annually?

2020-02-10T15:49:49+00:00Categories: CCTV, Cloud storage, Retail|Tags: |

It’s a lot more than you might suspect! Fraudulent slips, trips and falls claims culture costs businesses more than half a billion a year. It is estimated that many organisations are losing around five per cent of their annual revenue to fraud. Audit tracking, litigation and fraudulent claims have resulted in an increased requirement for businesses [...]