In this podcast, Wren Solutions CEO Andrew Wren discusses how to implement tactics to guard against organized retail crime.
Browsing: loss prevention
New research highlights the relationship between effective operating practices and shrink, providing insights for loss prevention.
The return of stolen merchandise and used non-defective merchandise, including special occasion apparel and certain electronics, continues to pose a huge problem for online retailers and…
According to the most recent National Retail Security Survey, shrink climbed to 1.58 percent of retail sales in 2010, up from 1.44 percent in 2009. The…
As new technologies evolve in the retail marketplace, retailers and consumers alike must adjust to new ideas and opportunities that have the potential to change the…
New technologies will come and go, opening new windows of opportunity for theft, fraud and loss.
While not classified as shrink, hidden losses are just as detrimental to the retailer’s bottom line as theft.
Procedural review audits (PRAs) are an effective tool for systematically combating return fraud.
PRAs enable management to measure consistency, and pinpoint loss prevention challenges.
Although more compact in size than an in-line store, with less inventory to track, kiosks continue to fall victim to shoplifting.