The losses to theft are staggering. In a survey done by the Retail Council of Canada in 2012, it is reported that stores with sales under 500 million dollars have a shrink rate between 2.19% and .04% of sales. The average came in at .95% of sales, that’s close to 10K on a million dollars of sales.
The interesting twist on this is that shoplifting has overtaken internal theft as the leading cause. 43% of shrinkage has been attributed to shoplifting. For owners that are suffering from shoplifting an effective EAS system will help minimize the losses. Newman Loss Prevention Solutions has implemented systems in many verticals to help maximize profits. Most owners report an excellent return on investment once a system is in.
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    Calgary

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    Tags

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    Antenna

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