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Forbes advisor reports that 90% of small business retailers nationwide have experienced theft at their stores. And it's not only retailers; businesses in all industries are affected, NEXT reports.
Electronic article surveillance antennas at an H&M store in Torp shopping mall, Sweden. Electronic article surveillance (EAS) is a type of system used to prevent shoplifting [1] from retail stores, pilferage of books from libraries, or unwanted removal of properties from office buildings. EAS systems typically consist of two components: EAS ...
Internal theft is typically identified by reporting systems, first-hand visual/CCTV surveillance or tips from coworkers. It frequently occurs via dishonest operation of the Point of Sale (POS) system. Internal theft traditionally causes more loss to a business than external theft due to the increased opportunity available to internal staff members.
The lab, funded by the university and the Loss Prevention Research Council, houses more than 400 anti-theft technologies and evaluates how effective the tech could be in the real world.
The chamber formed the task force last June to study how crime affects public safety and come up with solutions following a survey that found 62% of Ohio businesses say crime has kept them from ...
Anti-theft systems protect valuables such as vehicles and personal property like wallets, phones, and jewelry. [1] [2] [3] They are also used in retail settings to protect merchandise in the form of security tags and labels. [4] Anti-theft systems include devices such as locks and keys, RFID tags, and GPS locators.
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A store detective (also known as Asset Protection Investigator, undercover shopper, Loss Prevention Detective, and Asset Protection Specialist) is a member of loss prevention whose main role is to prevent and detect theft (commonly known as shoplifting) and reduce shrink in retail outlets. [1]