Retail Decoded by ControlTek

Insights on retail security and inventory management solutions

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Complacency: The Risk That Comes with Lower Shrink

While inventory shrink is still an issue in the retail industry, this year’s statistics indicate loss prevention efforts have been paying off. The 2015 National Retail Security Survey showed a 1.38 percent average in inventory shrink (as a percent to sales) during the previous year, totaling $44 billion in losses, Security InfoWatch reported. While retailers are still

Top 3 Retail Asset Protection Solutions

Theft by shoplifters and employees has been on the rise for the past four years, according to the 27th Annual Retail Theft Survey from Jack L. Hayes International. Last year, more than 1.2 million individuals were nabbed for theft by the 25 retailers participating in the survey, helping stores to recover over $225 million in

Put the Stock Back in Out-of-Stocks: Affordable RFID Solutions

The movement of goods is the ultimate goal for any retailer. But what happens when a retailer is unable to move goods into the consumers’ hands because of out-of-stock issues? According to Jacqueline Renfrow at fierceretail.com, over 75% of adults found a wanted product to be out-of-stock during store visits over the last 12 months.

New Era for Tracking Devices

Colorful Stickers, Paper Labels, No Longer Suitable for Inventory Movement. Digital tags are changing the way businesses double down against not only theft but also absent-mindedness. Intelligent Security Packaging (ISP) notes that radio frequency identification (RFID) is increasingly common for tracking and tracing packages, making a lot of older methods obsolete.