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Shoplifting and Loss Prevention Guide

Published November 20, 2012 · PTI Security Insights

From what we are told by the National Association for Shoplifting Prevention, businesses lose over $25 million dollars each year due to shoplifting. If you think that your store is immune, just consider that number and see how wrong you really are. No matter how big or small your business is you are still at risk. This is because shoplifters do not discriminate; big or small they could care less. The only thing that they care about is being able to commit the crime without getting caught. Since they are so easy to please, you may want to take notes from this article which will tell you what to look for in a shoplifter, how to implement loss prevention plans and what to do if you catch a shoplifter in your business. The first thing you should understand is what to look for in a shoplifter. There are different categories of shoplifters and commonly used methods. This information is not put out here to make you paranoid or to make you start unjustly profiling your customers. It is just a basis on which to go by for the protection of your assets. And actually, there is no one profile to fit a shoplifter into. They come in all races and ages. What sets them apart from others is not simply appearance, but behavior. Shoplifter Behavior Shoplifter Methods The next thing you must know is how to prevent shoplifting. This should already be in your business plan and store policy handbook, but if it is not pay close attention to this next section. Prevention and Apprehension Remember that even the least expensive item in your store still costs you money. This is why it is some important to take a hardnosed stance against shoplifters. After all, you do not want your store labeled as an easy target by the rest of your area. This would obviously be bad for business!

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