Surveillance in retail stores has undergone a long journey. Security guards patrolling properties is a thing of the past. E-surveillance has largely replaced human involvement for security concerns. Advanced equipment that once looked expensive is now affordable. In addition, today’s security equipment comes with extensive capabilities such as video monitoring, cloud storage, wireless setups, night … Continue reading 4 Crucial Reasons to have Surveillance in Retail Stores
Tag: retail theft prevention
Retail stores require heaps of actionable data for their profitable functioning. Rightly analyzed data helps marketing teams make informed decisions that yield benefits across the entire retail store. It gets easier to make business decisions when things like trends, traffic pattern in the store, customer behavior, and more are known. Retail video analytics help extract … Continue reading 5 Surprising Benefits of Retail Video Analytics
Shoplifting has always been a major cause for concern for the retail sector. In 2015 alone, shoplifting accounted for nearly 38% of all retail inventory loss, according to the national retail foundation and university of Florida. The industry continues to lose billions while most thieves get away with it. This is the reason I am … Continue reading 6 Tips for Retail Theft Prevention
The last quarter of every year brings up the festive season, and a huge rush of buyers at retail stores around the world. While Indians gear up to celebrate Diwali & Dussehra, the western countries start preparing for Halloween and then comes the New Year. The increased foot traffic at stores increase the chances of … Continue reading Retail Surveillance Tips to follow this Holiday Season
Loss prevention is an important part of retail operations, which is why every store got a dedicated department for the same to prevent inventory shrinkage. A Global Retail Theft Barometer study recorded an increase of retail theft from 1.28% of sales in 2013-14 to 1.97% in 2014-15 due to a rise in inventory shrinkage caused … Continue reading Retail Theft Prevention & Security Tips to Avoid Loss
Inventory shrinkage has a way of creating a dent into the balance sheets of retailers. It starts off with a slow impact and quickly builds up to be a serious point of concern. Internal theft, one of the major reasons of inventory shrinkage can be checked and prevented with a retail surveillance service. According … Continue reading How Retail Surveillance Service Prevents Inventory Shrinkage?