Theft Prevention - Security Tags https://www.securitytags.com Tue, 26 Apr 2022 19:57:55 +0000 en-US hourly 1 https://www.securitytags.com/wp-content/uploads/2018/10/Favicon-1-100x100.png Theft Prevention - Security Tags https://www.securitytags.com 32 32 The common denominators of high-shrink stores https://www.securitytags.com/high-shrink-stores-common-denominators/?utm_source=rss&utm_medium=rss&utm_campaign=the-common-denominators-of-high-shrink-stores Wed, 04 Mar 2020 00:59:33 +0000 https://www.securitytags.com/?p=12293

Costing the US retail sector almost $50 Billion a year, shoplifting, high-shrink and loss is an issue familiar to all retailers. But as a recent article by Loss Prevention Magazine highlights, for some retailers it’s more familiar than others.

They note, while some sectors such as apparel, might be more attractive to shoplifters than others, often the real issue of shrink comes down to 10 common denominators instore.

Here’s an insight into what LP Magazine describes as the 10 common characteristics of high-shrink retail stores.

Poor customer service

Retail starts and ends with customer service, and a lack of emphasis on this critical arena has far-reaching impacts for a store, not least of which is the potential it offers possible thieves.

In an environment where staff are inattentive, where they fail to meet and greet customers or there aren’t enough staff available, shoplifting and theft have the opportunity to thrive.

The takeaway

Ensure your store is adequately staffed and employees are trained in welcoming customers, making eye contact and offering service assistance.

Poor store cleanliness

High-shrink stores

Often when retailers consider shrink, they fail to take a close look at the physical state of their store. Attention to store cleanliness sets the tone for the experience customers will enjoy instore and the level of customer service they will receive

The takeaway

Organised, clean retail outlets are a deterrent to theft, but also help retail staff identify when theft is occurring.

Lack of operational controls

Process and procedure ensure a retail outlet runs efficiently, with controls to mitigate mistakes and eliminate errors.

This control not only helps a store run more effectively, but it also improves the service of the staff and creates an environment where theft is less likely to occur.

The takeaway

Implement processes and procedures that guide every task within your retail outlet – from inventory counting to merchandising, store layout and customer service.

Inferior merchandising practices

Merchandising plays a similar role to store cleanliness. Proper merchandising and use of displays, cabinets, sales tables and fixtures makes an outlet more appealing to clientele. It draws customers to the areas a retailer wants by showcasing products, and therefore increases sales.

Proper merchandising also makes items easier to find for retail staff and acts as a deterrent to theft.

The takeaway

Consider the look, feel and lighting of your store including where high-value items are positioned and how they are showcased. Is the area warm and inviting, are customers drawn in and to popular products?

Disorganized storerooms

High-shrink stores

Front of house might be the focus for selling and customer service, but the storeroom and stock area is no less important when it comes to ensuring a store is organised and offers less potential for shrink. Disorganised storerooms create opportunity for employee theft but are also more prone to mistakes and miscellaneous loss.

The takeaway

Ensure your retail outlet has adequate storage, that there are guidelines for receiving inventory and storing it, and that the storeroom is kept clean and tidy.

Poor hiring

Retail staff are the frontline of customer service. They are ambassadors for a brand, and the first line of defence against theft. These staff can make or break the customer experience, they can also potentially be perpetrators of employee theft.

The takeaway

Have a hiring policy that adequately screens potential employees for previous experience and previous poor behaviour. Ensure references are checked and staff are adequately trained.

Insufficient attention to detail

It’s the little things that make a truly memorable customer experience. It’s also the little things that can lead to shrink, loss and shoplifting.

The takeaway

Look at your store with a critical eye while envisaging yourself in the position of the customer. Is the store welcoming? Is it well-lit? Is it organised, tidy, and is the merchandise positioned in an appealing way? Together these and other factors create the respect that customers should have for your store.

Disengaged employees

High-shrink stores

Employees who do not feel connected with the brand or well-treated by their employer are not only more likely to be perpetrators of theft, they are also less likely to care about a store’s shoplifting and loss.

The takeaway

Ensure staff feel part of a larger group and perhaps even a greater purpose that collectively they are trying to achieve. Offer ongoing raining, and above all treat staff with the respect and value that they should in turn have for your store and brand.

Closed minds

As Loss Prevention Magazine notes: Closed minds, close doors. Shoplifting and theft is always a crime of opportunity. It is also a battle that continually evolves.

The takeaway

Be willing to embrace new loss prevention methods, to consider your store critically and to understand shrink cannot be viewed in isolation, it is often the symptom of a greater issue.

To learn more about protecting your store against shoplifting see here, or view our range of security tags and security labels as part of Electronic Article Surveillance that can assist in reducing shoplifting by up to 80 per cent.

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5 trends that impact asset protection https://www.securitytags.com/five-trends-that-impact-asset-protection/?utm_source=rss&utm_medium=rss&utm_campaign=five-trends-impact-asset-protection Tue, 11 Feb 2020 23:04:50 +0000 https://www.securitytags.com/?p=10980

We might only be a couple of months into 2020, but already a couple of trends are emerging in the arena of retail asset protection and loss prevention. Some carry over from previous years but a couple are only just beginning to really make their presence felt.

So, let’s look at a couple of trends that are impacting asset protection and shaping the retail sector in 2020…

Asset protection is all about the customer experience

Often loss prevention and asset protection are viewed separately from the customer experience. The reality is effective loss prevention and asset protection is all about improving the experience that the customer has instore, and the lines between what were once separate concepts are increasingly blurred.

Asset protection helps eliminate out of stocks, keeps the cost of products down, improves the safety of the retail environment, and also improves customer service.

Many of the tools utilised in both loss prevention and asset protection also cross over into efficient and effective store management.

This includes things like:

  • Traffic counting – which can be incorporated into Electronic Article Surveillance
  • RFID – which allows retailers to more accurately stock take and track the chain of supply
  • Electronic Article Surveillance – which minimizes out of stocks and helps make the retail environment more secure
  • Smart locks – which indicate which staff member has accessed what cabinets how often thereby illustrating customer interest in products

The customer experience is critical

The customer experience has always been important but never has it been more critical than now.

Recent years have seen closures of big-name brands, while online retail continues to emerge as an expected component of the retail experience. In addition, social media means customers are more than willing to voice their content or discontent to a wider audience.

The takeaway is retailers need to ensure their online and real-world offerings provide an equally positive experience for customers.

Meanwhile, in-store, out of stocks are no longer tolerated, queues should be eliminated where possible, and services that bridge the online and real-world experience such as Buy Online Pickup In-Store should be standard.

The self-checkout becomes mainstream

Over the past few years, there have been numerous headlines about self-checkouts, self-scanning and even cashierless retail. 2020 sees these trends continue and the options become more mainstream.

This presents new challenges in the arena of loss prevention when it comes to ensuring customers do the right thing at the checkout.

In the interim, a seamless checkout experience has become a customer expectation, and if that experience is lacking it can seriously damage a brand.

The role of the sales associate is changing

asset protection trends

In the wake of the increased customer expectation and innovations like the self-checkout, the role of sales associates is changing. Now sales associates are sought after for their knowledge and expertise as trusted advisors who enhance the customer experience.

That mans retailers need to arm with technology they need to truly embrace this role.

This includes available technology like mobile tablets on the sales floor so they can check stock levels, and mPOS so they can quickly process sales.

IoT adoption continues to rise

The Internet of Things has almost become a mainstay of modern life, and that’s set to continue in 2020. In terms of asset protection and retail, IoT impacts everything from CCTV to RIFD.

As Loss Prevention Media explains: “IoT devices fitted with RFID technology can be used to create smart shelves, which can improve inventory management by automatically tracking inventory and sending alerts to managers if a certain item is running low on stock or will expire soon”.

Meanwhile, they also note 88 percent of early adopters of IoT in retail reported that IoT helped them gain increased insight into customer preferences.

As we mentioned, some of these trends are new while some have been gathering pace for years, but the reality is they impact the whole retail arena affecting not just the customer experience but loss prevention and asset protection as well.

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10 signs of suspicious shoplifting behaviour https://www.securitytags.com/retail-signs-of-suspicious-shoplifting-behaviour/?utm_source=rss&utm_medium=rss&utm_campaign=retail-signs-of-suspicious-shoplifting-behaviour Thu, 14 Nov 2019 00:09:46 +0000 https://www.securitytags.com/?p=6688

Over the next six weeks, loss prevention will rank as one of the most important areas of focus for bricks and mortar stores as the sector looks to optimize retail’s peak period and prevent shoplifting.

In addition to strategies like electronic article surveillance and CCTV, staff awareness of what to be on the lookout for will play a critical role in reducing the spike in shoplifting that’s likely to occur.

But what constitutes suspicious behaviour and what should staff be aware of? Here are ten signs of suspicious shoplifting behaviour that all retail staff should know.

Avoidance

According to experts, body language is a key clue a shoplifting crime is about to take place. Potential shoplifters will often avoid eye contact and interaction with staff, may appear nervous, or fidget.

Meanwhile, if a customer spends more time looking up and around a store, rather than focusing and deciding on items, it’s a clear sign they are scoping the retail outlet for staff presence and security cameras, rather than perusing items they intend to legitimately buy.

Excess baggage

A couple of shopping bags are pretty normal for customers in a retail outlet, excess baggage like a backpack or an overly large handbag is not.

Large bags are often ideal for concealing items, and some even feature hidden panels to hide products or foil to interfere with older EAS.

Overly clothed

Even in winter, it’s rare that a customer will need to wear heavy and multiple layers of clothing within a climate-controlled retail environment. If they are, it is considered another key clue that someone’s intentions are less than honorable.

Excess clothing can be used to secrete stolen items, so anyone who is layered up should be observed carefully.

Regular visits, few purchases

shoplifting behaviour

Many shoplifters will often scope a store prior to committing the crime of shoplifting. That means they may visit an outlet on more than one occasion in order to get a feel for what items are available, how effective the security is and how attentive staff are.

If a consumer regularly visits an outlet without making a purchase, they might be more interested in what they can target rather than what they can buy.

Distraction

Often shoplifting involves more than one offender and between them their aim is to distract staff while stealing items.

If a customer is asking a lot of unusual questions, that can be a sign something’s not right. Meanwhile, a common tactic is to ask for items that are out of stock and request the staff member checks the storeroom, giving the “customer” the opportunity to steal.

Split groups

On that note, staff should watch for groups of people who enter the store and then split up or groups who assemble outside a shop.

These can be clues swarming is about to occur, or that they have the intention of implementing the distraction tactic.

Examining, but not buying

Although many customers love window shopping or browsing, there’s a distinct difference between that and biding time before committing a theft.

If a customer seems to be picking a lot of items up and then putting them down again without really engaging with the product, that might be an indicator their actual attention lies elsewhere.

Quick exits

They may not run, but most shoplifters will try to make a quick exit as they attempt to steal an item. Watch for customers who make a beeline for the exit, and who fail to interact with staff as they do.

Too many in the changeroom

shoplifting behaviour

Out of sight of sales associates, the change room is a key area where theft takes place. Stores should limit each cubicle to one person, count items in and out, and implement advanced technology like the Fitting Room Guard.

Loose price tags

Some shoplifters don’t just steal an item outright, they commit the theft by swapping tags to pay less than they should.

If a price tag doesn’t look right, or looks tampered with, this can be a key indicator a swap has taken place.

The final word

While there’s no one type of shoplifter and people from all races and walks of life can potentially be a thief, educating staff on the suspicious behaviour that often accompanies the crime goes a long way to identifying and preventing theft.

Staff should also be attentive to customers in general, while additional security measures such as EAS, CCTV, loss prevention personnel and good store layout can also be employed.

But one thing’s for sure, with peak period pending, peak shoplifting season is also underway.

You can directly purchase EAS security tags and labels here.

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Six hidden benefits of EAS https://www.securitytags.com/hidden-benefits-eas/?utm_source=rss&utm_medium=rss&utm_campaign=six-hidden-benefits-of-eas Wed, 24 Apr 2019 21:10:43 +0000 https://www.securitytags.com/?p=6168

When talk turns to Electronic Article Surveillance, the focus is often on its role in reducing theft. But in the competitive world of real-world retail, the benefits of EAS extend far beyond deterring and detecting shoplifting.

EAS can also improve the customer experience, general store safety and staff productivity. So, here’s an insight into six hidden benefits of EAS.

The customer experience

In the modern retail environment, the “customer experience” allows bricks and mortar retailers to play to their strengths. A positive customer experience sees consumers touching, feeling and interacting with products as part of their purchasing journey.

EAS helps facilitate this experience by allowing retailers to securely showcase their wares in an open and welcoming environment without the fear of theft.

Due to the discreet, unobtrusive nature of security tags and labels, customers can freely interact with merchandise, while the store associate can concentrate on selling rather than standing guard against shoplifting.

Open display of stock

When it comes to shoplifting, high-value products that are easily re-sold are some of the most commonly targeted items.

Traditionally retailers protected these products by keeping them secured in lockable cabinets or displays. While this method was effective, it’s not exactly welcoming and also costs the retailer time and effort.

Instead, EAS allows the open display of items, providing easy access and an attractive experience, in the knowledge each item is protected by tags or labels at a product level.

Staff productivity

The beauty of EAS is that it alerts staff to a potential theft by sounding an alarm. This allows retailers to get on with the job of selling and serving their consumers, rather than constantly monitoring stock or analyzing surveillance footage.

EAS also cuts down on time wasted opening and closing lockable cabinets or displays.

Fewer out of stocks

6 Hidden Benefits of EAS

When items randomly go missing due to theft, retailers lose their ability to keep track of stock. Ultimately this can result in products being out of stock, which again affects the experience of the customer and the productivity of staff.

EAS helps reduce out of stock events by ensuring the product is available.

Improved store safety

Unobtrusive and effective, EAS helps benefit the store environment as a whole. It works to deter shoplifters from targeting a retail outlet, but also helps catch them in the act should they run the risk of attempting a theft.

This improves the safety of the retail outlet as a whole for both staff and customers.

Easy to operate

Once an EAS system has been installed and activated, it is simple for staff to use. The antennas run 24/7 and require very little maintenance.

Staff simply affix active security tags or labels to a product, which then communicate with an antenna. These tags and labels are quickly and easily detached or deactivated at the Point of Sale as part of the sales transaction.

Tags can be reused, while deactivated labels are disposable and pass through the security antenna without sounding an alarm.

The final word

EAS is renowned by retailers across the globe as one of the most effective methods of preventing theft, with statistics indicating it can reduce stock loss by up to 80 per cent.

In the interim, it also reduces the burden on staff when it comes to detecting theft, helps create a safer more welcoming environment and allows consumers to freely interact with merchandise, affording them an improved customer experience.

You can learn more about selecting the right EAS system for your retail outlet here.

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Top store-level loss prevention strategies https://www.securitytags.com/top-store-loss-prevention-strategies/?utm_source=rss&utm_medium=rss&utm_campaign=retail-store-loss-prevention Fri, 22 Feb 2019 03:00:12 +0000 https://www.securitytags.com/?p=5955 In the ongoing battle against shoplifting and retail loss, there...

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In the ongoing battle against shoplifting and retail loss, there are two levels of protection available – product-level security which protects individual items, and store-level protection strategies, which safeguard the retail outlet as a whole. After previously examining product level security techniques like Electronic Article Surveillance and security tags, in this article attention turns to retail store loss prevention strategies that protect the store as a whole.

Store-level protection

Store-level protection strategies look at the outlet wholistically. Some are used just while the store is open, while others combat crime that might also occur outside of hours. According to the most recent Global Retail Theft Barometer, the top strategies used by US retailers are:

CCTV/DVR

Used by 83 per cent of retailers, this helps deter and combat shoplifting during opening hours and burglaries that might occur after hours

Alarm Monitoring

Mainly used when the retail outlet is closed or to monitor entry points other than the customer entry during opening hours, alarm monitoring is employed by 78 per cent of US retailers.

POS EBR (exception-based reporting)

POS EBR allows retailers to understand what’s happening at the point of sale. Used by 68 per cent of retailers, it helps identify fraudulent transactions.

Security Guards

One of the more traditional loss prevention strategies, security guards remain popular and are utilized by 63 per cent of retailers.

Logistics-related Solutions (GPS, truck seal program, etc.)

This strategy tends to combat shrink, including cash theft, during the delivery and transport phase. It’s used by 59 per cent of retailers.

Foot Traffic Counters

Foot traffic counters can be incorporated into EAS systems and allow an insight into when the retail outlet is likely to be busy so loss prevention measures can be improved. It’s used by 46 per cent of retailers.

Door Seals/MAG

Used by 46 per cent of retailers, door seals and mag stripping allow retailers to limit access to their building and reduce potential break-in points.

Parking Lot Protection Present

44 per cent of retailers have security in the parking lot in a bid to reduce potential crimes inside and outside of trading hours.

Advanced Data Analytics

Advanced data analytics allow retailers to better understand where and when theft is likely to occur and take measures to reduce it. 37 per cent of retailers employ this technology.

Advanced Access Control (key card, biometric technologies, etc.)

This strategy sees access limited to the retail outlet either at the back of the house or at all entrances after hours. It also works to prevent employee theft by indicating who has been in the building, when. 29 per cent of retailers utilise advanced access control.

Motion Detection Alerts

Often used in conjunction with alarm monitoring, 27 per cent of retailers have motion detection alerts to indicate when someone has entered their retail outlet after hours.

Facial/Customer Recognition Technology

Although only used by five per cent of retailers according to the Theft Barometer, this technology is on the increase. It allows retailers to identify customers so they can better serve them, but also helps flag shoplifters who may have previously stolen from the outlet.

All these methods utilize technology and services to help reduce the risk of shoplifting in retail environments, and many retailers use numerous strategies in a bid to minimize their risk.

Meanwhile, staff screening, training and store layout all play a vital role.

In the end, the best loss prevention comes down to identifying where your store and stock are most vulnerable to shrink and using the techniques that best combat this threat.

If you’re looking to understand the product security strategies available for your store or gain an insight into which security tags or labels are best suited to your retail environment, our staff are available to assist and can be contacted here.

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From store layout to security tags position equals theft prevention https://www.securitytags.com/store-layout-security-tags-theft-prevention/?utm_source=rss&utm_medium=rss&utm_campaign=theft-prevention Wed, 20 Feb 2019 01:34:39 +0000 https://www.securitytags.com/?p=5948

In the ever-changing playing field of loss prevention, positioning of security systems and products plays a major role. From where you position your antenna to how you position security labels and lay out your displays, it all adds up to create an environment designed to thwart the would-be shoplifter.

Not only does correct positioning help deter shoplifting and minimise loss, it also works to improve in-store efficiency and the customer experience.

So, here’s an insight into the role position plays in theft prevention.

A bit about position and theft prevention

When it comes to product protection, electronic article surveillance consistently ranks as one of the most effective ways to deter, identify and reduce shoplifting. Involving the components of security tags, security labels and detection antenna, it sees an alarm sound when a product is illicitly leaving the store.

The effectiveness of this system all comes down to positioning – of the antenna, the security tags and labels, and the equipment that detaches tags and deactivates labels to minimize false alarms.

Meanwhile, the physical layout of your store also helps to reduce theft, with the correct positioning of lighting and displays both working to provide an environment that is less conducive to theft.

So, what’s the best practice?

EAS antenna position

EAS antenna are usually positioned in the entry way to a store, although recent developments mean antenna can now also be built into the doorway, concealed beneath the floor or installed overhead.

Depending on whether the system is RF or AM, antenna will have different detection ranges, meaning some are more suited to wide entrances, while others will require the installation of additional antenna to adequately cover an expansive opening.

Product positioning around antenna

The area between and in the immediate vicinity of EAS antennas should be kept free of product displays, clothing racks and even decorations. (Some decorations, especially those with foil or metal have been known to trigger an EAS alarm).

The “No Tag” zone is generally within seven feet of the EAS system.

As a simple check, stretch your arms out, like you are doing a star jump, and make sure there are no security tags within, or just out of your reach, all around each pedestal.

In over 90 per cent of reported cases of false alarming, alarms are caused by a tag within the vicinity.

Security tag position

Used for apparel and high value items like accessories, footwear and handbags, security tags should be positioned so as not to interfere with the customer’s experience of a product, but in a place where they are easy for staff to detach.

At the same time, tags should also be situated in an obvious enough place to deter theft and ensure anyone attempting to pull them off will cause significant damage to a product, rendering it useless.

Many retailers have store guides and policies regarding tag positioning. This ensures they are consistently positioned uniformly and correctly in a bid to maintain the aesthetic appeal of store displays, while deterring shoplifting.

Security label position

The ideal position for a security label is near the barcode. This position allows for quick deactivation and maximum efficiency at the Point of Sale.

However, it’s important to ensure the security label does not obscure that barcode or essential information on the product packaging.

Detacher and deactivator position

Security tag detachers and label deactivators are best positioned at the Point of Sale, allowing for easy tag removal and label deactivation.

Tag detachers can be built into the countertop or affixed to it, while deactivators can be mounted to the counter, concealed beneath it or incorporated into barcode scanning equipment.

Retailers should ensure these detachers and deactivators are easily accessible to staff, and there are enough to service all Points of Sale.

Store layout

Proper store layout and staff positioning plays a critical role in the reduction of shoplifting and theft. All areas of the floor should be visible to staff members monitoring it, and the retail environment should be adequately lit so there are no dark spaces for shoplifters to lurk and conceal items.

A staff member should monitor the fitting rooms or additional EAS security like the Fitting Room Guard should be installed. Where possible staff should meet and greet customers at the entry of a large retail outlet, or on the floor of a smaller one.

Meanwhile, high value items like electronics should be securely displayed or enclosed in lockable cabinets, and excess stock should be locked in draws or cabinets.

The final position

It’s the little things that really add up when it comes to preventing shoplifting, and how and where you position your products, security systems and tags all play a role. Importantly correct positioning also allows staff to complete their tasks more effectively while better servicing the shopper and offering an improved customer experience.

 

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