What are the Best Retail Security Tags for Holiday Shopping Loss Prevention?

Retailers are primed to bask in a potential $700 billion sales earning this holiday season. However, the sad reality is that some of this luster will be removed from this merry time of year due to surges in shoplifting. According to the Global Retail Theft Barometer, half of all retail theft takes place in the winter months with more than 80% taking place during the holiday period.There are a number of reasons why shoplifting spikes during the holidays, but there are only a select few solutions to ensure your store is not one of the many casualties.

When store managers and leadership teams invest in the best retail security tags with RFID technology, they will be reducing theft by a significant margin saving themselves thousands of dollars while making it possible to hit all sales goals for the busiest time of year.

This article is intended to help store managers and owners understand what the various different retail security tags are on the market, and how they will help improve loss prevention strategies and keep shoplifters at bay.

The Best Retail Security Tags are Custom Made for Specific Products

There really isn’t a good one-size-fits-all retail security tag because the world of retail ranges from heavy outerwear to delicate items such as lingerie and scarves, and from boxed electronics to toys and appliances. This is why CONTROLTEK offers a wide range of the best retail security tags–to provide multiple solutions for retail stores of all sizes. When you invest in an array of retail security tags, make sure the company you work with has multiple tag types for any product.

Some of the Best Retail Security Tags have Visual Deterrence

Studies show that a large percentage of shoplifters abandon theft attempts when retail security tags have a visual deterrence such as exploding ink. When a thief attempts to remove this type of security tag, the ink explodes onto the product and ruins it, thus robbing the thief of his reward or motivation for stealing the item.

CONTROLTEK offers the INKGUARD, a security tag designed to protect denim, designer wear, outerwear, luxury apparel, and more. When would-be shoplifters go to tamper with the tag with the goal to remove it and smuggle the item out, the clear window showcasing the colored ink will stop them in their tracks and send them to another store that doesn’t have such an aggressive loss prevention strategy in place.

The INKGUARD is one of many retail security tags that’s light and unobtrusive, easy for store employees to apply and remove, and these retail security tags can come with EAS incorporated technology for an added layer of protection. With the INKGUARD, benefit denial stands out to all potential shoplifters and during the holiday season these retail security tags will prove to be a valuable defence against those droves of shoplifters that threaten your bottom line.

Retail Security Tags for the Holiday Season Should Protect Small Valuable Items

Finding the best retail security tags for small and delicate items can be challenging. On one hand they need to be small enough so not to interfere with the customer experience by getting in the way, yet they need to be strong enough to withstand tampering and theft attempts. CONTROLTEK provides an ideal solution with the SLIMGUARD–the best retail security tags for lingerie, belts, shoes, hats, purses, sunglasses, gloves, scarves, wallets, and other small items.

Small, luxury products like designer glasses, scarves and gloves are popular targets for shoplifters to hit during the holiday season, as they make for great stocking stuffers and their small size makes thieves think the items will be easy to hide on their body while exiting the store. However, the SLIMGUARD is not your typical retail security tag for small items.

While it is lightweight and small, the security tag is durable, tough and highly versatile. It can be used with a lanyard or pin, and has a wide variety of other uses. Whether you want to safeguard high-end watches, designer shoes, luxury accessories, or delicate items, the SLIMGUARD retail security tag is your best choice.

Retail Security Tags Best

Retail Security Tags for Sports Equipment and Specialty Items

Golf clubs, skis, scuba gear, and other high-end sports equipment are top on the holiday wish list. They are also top targets for theft. This is why CONTROLTEK has designed retail security tags to work with specific items. For example, the GRIPPER GOLF is a retail security tag designed to lock around the handle of a golf club requiring a store employee to remove the tag after the club has been purchased. Its design is ideal for hard-to-tag, thin sporting goods and it is extremely durable and strong.

The locking tag has a silicone liner to prevent scratches on the product’s finish, and it doesn’t interfere with the shopper’s experience. The GRIPPER GOLF comes in standard, super, and hyper lock protection types, and can be used on other types of sporting goods and even other products. Some retailers that sell fine art will even attach it to sculptures. It can be attached to any product with a bar, including bicycles.

CONTROLTEK offers a wide assortment of other retail security tags for unique products with various features. Be sure to call for a consultation to find the best retail security tags for your loss prevention strategy over the busy holiday shopping season.

What are the Best Retail Security Tags for Brands to Invest in for the Holiday Season?

The holidays are almost upon us, and retail stores are scrambling to improve security at a time when loss prevention is critical. According to the ‘Jack L. Hayes International Annual Retail Theft Survey’, more than 1.2 million shoplifters and  dishonest employees were arrested during a single holiday season. The survey polled 25 of  the largest retail big box companies in the US, with 23,250 stores participating. More than $225 million worth of goods were recovered from the theft that manifested these crimes. Data like this motivates retail managers to invest in the best retail security tags from a top security company to help protect profits during the time when people are spending the most, and competition is fierce to define the leading brands in your space.

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3 of the Most Popular Retail Security Tags Used to Reduce Shoplifting During the Holidays

It goes without saying that shoplifting in retail settings increases during the holidays. Every year shops lose millions of dollars due to theft, and these heavy losses play significant roles in hitting one’s bottom line, and hampers retail teams from achieving their growth goals. This is why CONTROLTEK has designed the best retail security tags to prevent shoplifting using more than a decade of research and data to produce the most effective EAS and RFID security tags in the industry, as well as tags without this added technology but that are still highly effective. This article will review three different retail security tags with the goal to educate store managers and business owners into ways they can improve their loss prevention strategies as we enter the heart of the holiday season.

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How EAS Tags and RFID Tags Enable Retail Store Profitability 

No matter what sector you’re in, your business’s profitability depends on a host of factors, from your relationship with your suppliers to current trends among consumers. When it comes to retail, supporting your profitability involves more than just selling as many products as you can. 

One of the biggest threats to a retail store’s profitability is retail shrink, like theft and inventory loss, which can add up quickly. Unlike damaged or overstocked merchandise, the cost of which can at least be partially recovered, retail shrink must be written off as a loss. However, shrink is also largely preventable, which can help you grow your profits without needing to sell more. 

Here are 5 ways that EAS tags, RFID tags, and other RFID solutions can enable your retail store’s profitability. 

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What You Need to Know About the Evolution of Cash Usage in a Post-Pandemic Future 

For decades, experts have speculated that the next new payment method, from credit cards to cryptocurrency, would replace cash completely. But even during a global pandemic that saw in-person payments plummet in just a few weeks, cash has remained a reliable, accessible means of payment that consumers trust. 

Since the World Health Organization (WHO) declared the COVID-19 outbreak a global pandemic on March 11, 2020, we have seen some significant changes in how consumers use, save and value cash. As reported by the Federal Reserve in its 2021 Findings from the Diary of Consumer Payment Choice, cash use made up 19 percent of all payments, down seven points from before the COVID-19 pandemic. However, they also found that the average value of cash held in a consumer’s pocket, purse or wallet increased to $74, up $20 from 2019. 

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How Banks Promote Trust, and How Banking Supplies Fit into the Equation 

One of the fundamental pillars of a successful bank is its reputation. Simply put, customers do not want to keep their money with a financial institution they do not trust. In order for banks to retain their existing customers and bring on new clients, they need to build and maintain a trustworthy reputation using their employees, security and banking supplies. 

Traditionally, this type of trust is developed through real-life interactions between bank employees and customers, but the rapid shift to online banking means that banks now need to build these relationships digitally as well. Although newer banks and financial institutions might adapt to the digital space more quickly, they do not have the advantage of an established brand to encourage customers to trust them. 

Today, we’ll go over how banks and financial institutions can build trust with their customers using proven techniques and reliable banking supplies. 

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Targets, Trends, and Threats in ORC

In a recent webinar CONTROLTEK hosted in conjunction with the Loss Prevention Foundation, I was joined by Ben Dugan, CFI, director of ORC and corporate investigations at CVS Health, and president of the National Coalition of Law Enforcement & Retail (CLEAR).

With organized retail crime (ORC) at the forefront of everyone’s minds, this timely discussion centered around targets, trends, and threats impacting retailers today. “Organized retail crime is the number one contributor to ongoing security threats in the retail industry today,” said Dugan. While the COVID-19 pandemic certainly plays into this, Dugan stated that “retailers are considering ORC their number one challenge—this is what keeps them up at night. There is an increase due to COVID, but also an increase in the associated violence that goes along with ORC.” Dugan also noted that some retailers have seen incidences involving external theft along with violence double since COVID-19, due to emboldened thieves.

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Upgrade Your Banking Supplies With the Best Counterfeit Detector Pen 

Businesses in every industry are constantly at risk of receiving counterfeit money in exchange for goods and services. To guard against this, many banks and other financial institutions rely on banking supplies like counterfeit detector pens to identify counterfeit bills as early as possible. 

According to data compiled by the United States Department of Treasury, roughly $70 million in counterfeit bills are in circulation within the country, which is about one note in counterfeits for every 10,000 in authentic currency. As you know, the government will not exchange counterfeit bills for real ones, so any losses associated with counterfeit bills must be written off as theft. 

A counterfeit money detector pen is a bank’s first line of defense against counterfeit bills. But how does a counterfeit money detector pen work to protect your business’s assets and reputation? 

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A Short Banking Supplies List of Tips for Branch Managers Seeking Counterfeit Money Detectors

When it comes to prioritizing new banking supplies for your branch, counterfeit money detectors from a reputable banking security company are critical. As a bank manager or member of the leadership team, the last thing you want to do is create a bad reputation at your branch–something that can bleed into the brand’s identity. And since it is a federal crime to possess fake bills, failing to detect counterfeit notes can put your customers at risk when they are handed cash from a teller, or make an ATM withdrawal.  When fake money is uncovered at banks it is removed from their internal circulation and the Secret Service is notified (yup, they don’t just protect the president) to come collect the fake bills. This article will offer valuable tips on how to purchase counterfeit money detectors as a part of your new banking supplies by covering the types of counterfeit money detectors every bank should invest in and explain each device’s intended use.

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Fake Vaccination Cards Spread as Delta Variant Ramps Up

As the Delta variant of the coronavirus continues to sweep the nation, thousands of counterfeit COVID-19 vaccine cards have started to flood the United States.

U.S. Customs and Border Protection agents report they have now seized more than 121 shipments containing more than 3,000 counterfeit COVID-19 vaccine cards. The agency said agents have intercepted the shipments at the port of Memphis, Tennessee – all of them from China and bound for different cities across the nation.

Disguised as paper greeting cards in packs of 20, 51 or 100, the counterfeit cards look like real vaccination certificates, including spaces where the recipient can write their name, birth date and vaccine information. While they look legitimate, complete with the Centers for Disease Control and Prevention logo, the cards are often littered with typos, unfinished words, and even misspelled Spanish words, in some cases.

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