Controlling Retail Shrink in Stores with No Loss Prevention

//Controlling Retail Shrink in Stores with No Loss Prevention

Stores with no loss prevention staff present on a daily basis must use other tools and tactics to control shrink.

A question frequently asked by retail customers—and even some loss prevention professionals just getting started in their careers—involves many of the smaller stores where they shop, and how shoplifting and other retail shrink concerns are managed in retail stores with no loss prevention team.

First, few retail companies actually attempt to manage their stores with no loss prevention program. Considering the significant impact that retail shrink can have on the business, most retailers recognize the need to manage merchandise losses and protect all of the various assets of our retail stores. As a result, a loss prevention program often exists, but is managed in a different way than might be expected in a traditional department store setting, where resources are devoted to loss prevention personnel charged with identifying and apprehending shoplifters.

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Dan Lazar, Consultant securitate

 


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2017-08-24T09:27:25+00:00