Monitor & Prevent Theft & Shoplifting

Security Cameras and Surveillance Systems Help Monitor and Prevent Theft & Shoplifting

Shoplifting is the second largest source of inventory shortage according to the National Retail Security Survey. This one area alone accounts for 34% of retail businesses Annual Shrinkage and Loss. With surveillance for theft and shoplifting businesses can decrease their loss.

• Shoplifting amounts to 34% of annual inventory shrinkage.
• Less than 1 in 50 shoplifters are ever caught.
• Estimated at $10.5 billion per year just from retail businesses in the United States.
• Shoplifting losses have increased steadily each year.
• Increases may be due to growing presence of organized retail crime rings and shoplifting gangs working as a team.

FACT: #1 Reason Given for Shoplifting: It Was Easy, No Risk!

Solution to Monitor & Prevent Theft and Shoplifting: People will not steal if they know in advance they are being watched. With the implementation of digital surveillance cameras and a public notification system including strategically located video monitors, warning signs, and notices, customers realize that they cannot steal without being seen or getting caught. 

Businesses know the importance of protecting their inventory as pointed out in a recent article which stated; "The retail industry today is very competitive and retailers cannot afford to give up profits to thieves. Dishonest employees and shoplifters tend to go the path of least resistance and will target a retail location that has not invested in technology to prevent theft".

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Sources: Dan Malachowski, Salary.com / Bureau of Labor Statistics of the U.S. Department of Labor. / Scripps Howard News / National Association of Convenience Stores / Rutgers University / U.S. Department of Justice.