The Evolving Role of Loss Prevention

2020-09-25T08:45:32+00:00Categories: Loss prevention, Retail|

Loss prevention leaders of today work in a dynamic environment, it’s a landscape which has changed dramatically as has the retail industry.  It’s an environment that is multi faceted, with various components and devices used to mitigate risk and protect people and property. Loss Prevention, or LP, leaders are well aware that their environment presents various [...]

How LP Teams Can Add Value & Profitability in the Age of Covid-19

2020-09-03T13:42:25+00:00Categories: Cloud storage, Occupancy Management, Retail|

The unprecedented times that we all find ourselves in is proving challenging for all sectors. In retail, policies and procedures are constantly changing on a local and national level. Retailers are also facing a global rise in claims and fraud relating to slips, trips, and falls. Particularly for Retail Loss Prevention teams, adaptability and innovation should [...]

Making the Business Case for Investing in CCTV

2020-08-13T11:01:24+00:00Categories: CCTV, Cloud storage, Retail|

The National Retail Federation has just released its latest research, the National Retail Security Survey 2020.  The study found an actual reduction in the level of collaboration between Loss Prevention and IT teams from 2019 to 2020. Frequent / dedicated collaboration between LP and IT dropped from just over 30% in 2019 to 18% in 2020. This [...]

How To Protect The Health and Safety of Security Staff

2020-08-13T11:02:13+00:00Categories: News, Occupancy Management, Retail|

During the COVID-19 pandemic, many workers have found themselves working from home or have been furloughed. Many security employees, however, have continued to work, controlling retail shopping crowds, guarding company assets, and enforcing new rules like wearing a mask, social distancing and limited capacity levels in stores. All of these activities put them at a close [...]

How Retailers Can Deliver a High Quality Experience Whilst Following Social Distancing Rules

2020-08-13T11:05:43+00:00Categories: Occupancy Management, Retail|

Most retailers have in some way modified their store operations in order to facilitate social distancing to protect customers and staff from the coronavirus. However, key challenges remain, such as: — Difficulty determining which stores to reopen due to the uneven nature of the recovery — Consumer behaviour may be altered — Potential for too many [...]

How to Monitor Store Occupancy

2020-08-13T11:06:40+00:00Categories: Retail|

In response to the coronavirus pandemic, retailers, particularly supermarkets, have had to quickly adapt. This blog post will explore the challenge retailers face in monitoring their store occupancy levels but will also provide information about solutions available.  - A Challenge: Monitoring Store Occupancy Levels Of the many recommendations for retail stores during this challenging time, one [...]

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

2020-08-13T11:11:09+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 Total Retail Loss for Loss Prevention

2020-08-13T11:20:01+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 [...]

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