The Sharp Edge: Industry Insights
From the latest in Loss Prevention to expert tips on optimising operations, our blog delivers sharp, actionable intelligence to help you navigate challenges and maximise profit. Read our latest news, expert analysis, and practical advice to keep your business secure, efficient, and thriving.
Loss Prevention: Success Through Collaboration
Collaborative visits can show that Loss Prevention isn’t about internal policing - it’s about partnership. It’s not just about stopping loss after the event; it’s about improving systems, educating and empowering people and preventing loss before it happens.
Case Study: £130k Loss
Retail crime remains a significant challenge, but a proactive approach to loss prevention can deliver remarkable results. One striking example comes from a Central London store that was experiencing annual losses exceeding £130,000.
Hidden Cost: Garden Centre Thefts
Recently, a 35-year-old woman was arrested and sentenced for a £3,000 shoplifting spree, targeting three popular, privately owned garden centres in Norfolk. Her unusual target? Not alcohol, clothing, or garden tools - but Jellycat plush toys.
Current Retail Crime Challenges
Crime is not just an inconvenience - it’s a growing crisis. With customer theft now costing retailers a staggering £2.2 billion annually and over 2,000 incidents of violence and abuse against retail workers occurring every day, businesses of all sizes are feeling the impact.