Did you know the national average for retail crime costs for 2024 was?

The national average for retail crime costs for 2024 was 1.8% of turnover? But averages don’t tell the whole story—high-risk stores face far greater losses while well-protected stores are well under 1.0%.

For those stores in your control that are sitting above the average, immediate intervention is critical. The right tech—such as integrated CCTV, access control, and robust reporting systems—doesn’t just deter theft, it provides the data you need to act strategically. The cost of inaction? It often far outweighs the cost of implementing effective solutions.

If your losses are above 1.8% of turnover, it’s time to calculate how quickly smart investments in loss prevention could pay for themselves. What’s your plan to safeguard your bottom line?