How to Prepare Your Retail Store for Black Friday

Black Friday is just around the corner, which means it’s time for retailers to prepare their stores for a higher volume of customers — and a greater risk of theft. Customer shoplifting is the number one source of shrink for retailers, but there are many ways you can fight shrink during the holiday season. Train […]

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 […]