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Retail loss prevention (also known as retail asset protection) is a set of practices employed by retail companies to preserve profit. [1] Loss prevention is mainly found within the retail sector but also can be found within other business environments. Retail loss prevention is geared towards the elimination of preventable loss. [2]
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]
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 company reported an operating loss of $245 million for the quarter, compared to $39 million for the same quarter one year earlier. Walgreens plans to close hundreds of stores by the end of ...
A retail loss prevention employee watches a store's CCTV cameras. Closed-circuit television (CCTV) monitoring is an important anti-shoplifting technology. Retailers focusing on loss prevention often devote most of their resources to this technology. Using CCTVs to apprehend shoplifters in the act requires full-time human monitoring of the cameras.
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4 More tips, even better. 5 Safety Section. ... 6 Removing most of "personality type" stuff. 2 comments. Toggle the table of contents. Talk: Retail loss prevention ...
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.