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shoplifting Tagged Articles



CCTV Camera Grid Solves Mystery
Creating a CCTV camera grid to learn more about video footage gives a clearer picture of the evidence of a crime.
Lesson #1: Respect Can Reel In Greater Returns
In the world of corporate greed, where the up and coming often learn more about finding the loopholes than following the law, Jim Sinegal sticks out like a sore thumb. Named one of BusinessWeek’s “Best Managers” in 2003, Sinegal maintains one of the lowest salaries compared to other CEOs at his level, while Costco workers are among the most highly paid in the industry. Why did he decide to turn Wall Street on its head by following this model, and how did he manage to make such a venture, one that defies conventional business logic, not just possible but also profitable?

Lesson #1: Find Inspiration in your Outside Interests
Tajiri never liked going to school. His father wanted him to study to become an electrician, but that was the farthest thing from Tajiri’s mind. Instead, Tajiri split all of his spare time between two activities: first, was roaming the forests and fields near his family’s home in his quest for insects.

Satoshi Tajiri Quotes
Satoshi Tajiri Quotes
Leveraging Video Surveillance and Security for Customer Benefit
Do you have a video security system in your store? If so, are you getting the most out of it? There are more uses than just preventing theft, like analyzing customer behavior and traffic flow
Reducing Shrink
Inventory Shrink represents a major cost to retailers, and it takes a combination of resources and business practices to properly combat it.
Retail Store Operations
Tracking Store Traffic can help Boost your Retail Sales by 20% or more
Into the Mind of a Shoplifter
To better understand shoplifting and to minimize theft we not only worked with law enforcement agencies, the security industry and retail organizations but we also interviewed approximately 300 shoplifters to better learn the some of the tricks of their trade.
Store Operations
A survey says that "Tracking Store Traffic can help Boost your Retail Sales by 20% or more"
Types of Shoplifters
Retail operations offer many challenges for dedicated managers and owners who work hard & are committed. But the most difficult part of his/her role is the loss prevention function. Many retail owners and managers are not equipped or trained to deal adequately with developing an effective loss prevention program, or in preventing external and internal losses in the complex Retail settings.
Violence in Shoplifting
You will often hear the term “Shoplifting is a Victimless Crime”, this certainly is not necessarily always the case. With the rise in shoplifting there has become an increase in violence towards retailers and their employees. In some cases these are verbal assaults but in a growing number of cases it has become physical. Retailers need to recognize a potential danger to personal safety and take the appropriate action.

In Business to Sell Shoplifted Items
Shoplifting along with employee theft has become big business. In a number of cases, storefronts have been set up for the sole purpose of reselling shoplifted items for huge profits. In other cases shoplifters as well as grocery store employees have made arrangements with unscrupulous restaurants to supply them with stolen merchandise, primarily meat products for a cut rate price. Meanwhile other shoplifters have gone into business for themselves selling a variety of shoplifted items on one of the many online auction sites.
To Catch a Thief
I challenged a friend who owned a Health Food / Vitamin Store to an experiment. Over a three day period an accomplice and I would try to rob his store blind. The owner was confident that his staff was alert and he had some good anti-theft devices.
Retail Loss Growing Problem
In today's highly competitive environment keeping retail loss, which includes shoplifting, internal theft, fraud, etc. to the utmost minimum is mandatory for the ongoing success of your retail business

Calculate the Cost of Shoplifting and Employee Theft
Shoplifting and employee theft cost the retailer a great deal in lost profits and everyone and everyone including the consumer pays for this crime. Unfortunately retailers often underestimate the actual figure in terms of losses. Unless a business has strict inventory control it is simple to come up short getting a good sense of overall losses. There is a basic formula for calculating total annual retail losses in your business, which will give you a fairly accurate idea of how much profits are actually walking out your door.
Reducing the Employee Theft Epidemic
The FBI calls employee theft “the fastest growing crime in America!” and the U.S. Chamber of Commerce estimates that 75% of employees steal from the workplace. But it possible to reduce the incidence of employee theft by following some simple tips.
Injured Workers - Consequences of Inappropriate Conduct
This article will briefly comment on the facts of the Coles Myer case and will examine some of the consequences, apart from disciplinary action, that may arise for injured workers who misconduct themselves in the course of their employment or who fail to co-operate with their employer as far as concerns their own rehabilitation and injury management. The article will also draw awareness to some of the laws that protect injured workers.
Joint Ventures: The Profit Power of Motivation
While Motivation may seem like a pie in the sky ideal, it does have a real effect on your bottom line which should not be overlooked.

Other shoplifting Related Articles

Calculate the Cost of Shoplifting and Employee Theft
Shoplifting and employee theft cost the retailer a great deal in lost profits and everyone and everyone including the consumer pays for this crime. Unfortunately retailers often underestimate the actual figure in terms of losses. Unless a business has strict inventory control it is simple to come up short getting a good sense of overall losses. There is a basic formula for calculating total annual retail losses in your business, which will give you a fairly accurate idea of how much profits are actually walking out your door.
Retail Loss Growing Problem
In today's highly competitive environment keeping retail loss, which includes shoplifting, internal theft, fraud, etc. to the utmost minimum is mandatory for the ongoing success of your retail business

Grocery industry at high risk of theft
Shoplifting is very common in the grocery stores, especially now that most stores have expanded to carry much more than just your stable grocery items. The combination of higher end consumer items combined with relatively low levels of security make it an ideal target for shoplifters. With tougher economic times it is projected that theft both internal as well as external is expected to dramatically increase. With small profit margins grocery stores need to seriously consider the prevention of shoplifting as a key component in reducing losses.
In Business to Sell Shoplifted Items
Shoplifting along with employee theft has become big business. In a number of cases, storefronts have been set up for the sole purpose of reselling shoplifted items for huge profits. In other cases shoplifters as well as grocery store employees have made arrangements with unscrupulous restaurants to supply them with stolen merchandise, primarily meat products for a cut rate price. Meanwhile other shoplifters have gone into business for themselves selling a variety of shoplifted items on one of the many online auction sites.
Violence in Shoplifting
You will often hear the term “Shoplifting is a Victimless Crime”, this certainly is not necessarily always the case. With the rise in shoplifting there has become an increase in violence towards retailers and their employees. In some cases these are verbal assaults but in a growing number of cases it has become physical. Retailers need to recognize a potential danger to personal safety and take the appropriate action.

Into the Mind of a Shoplifter
To better understand shoplifting and to minimize theft we not only worked with law enforcement agencies, the security industry and retail organizations but we also interviewed approximately 300 shoplifters to better learn the some of the tricks of their trade.
Real World Advice for Retailers - Loss Prevention, Chapter 2
Most retailers focus on preventing shoplifters from stealing merchandise from under their noses. Big investments are made in closed circuit camera systems and recorders, as well as expensive security tags and readers – all to prevent, or catch, shoplifting. But what about the other two leading causes of inventory shrinkage – employee theft and data entry errors. Chapter 2 of Michael’s series on Loss Prevention discusses how a good inventory control system can minimize inventory shrinkage.
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