8 High-Risk Loss Prevention Scenarios Every Retailer Should Monitor

With retail loss being on the rise globally – Australian estimates are sitting at 4.5 billion annually, and growing...

With retail loss being on the rise globally – Australian estimates are sitting at 4.5 billion annually, and growing – the problem is snowballing out of control.Loss Prevention Scenarios Every Retailer Should Monitor like employee fraud, training gaps & operational inefficiencies estimated to cost retailers. Try it! The issue is...

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How technology can reverse the retail shrinkage trend

Retail shrinkage – that is, loss due to theft, employee fraud, or admin errors – is on the rise,...

Retail shrinkage – that is, loss due to theft, employee fraud, or admin errors – is on the rise, not only in Australia but globally. According to Global Retail Theft Barometer’s figures, shoplifting or theft accounts for 38% of loss, with 16% due to admin error and a startling...

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