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Shoplifting is skyrocketing—how can you get leadership's attention on this urgent issue?

  • Writer: John Papadimitriou
    John Papadimitriou
  • Sep 25, 2024
  • 1 min read
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Retailers across the country are feeling the sting of rising theft rates. Loss Prevention Managers know the impact isn't just on inventory but also on profitability and customer experience. The challenge? Convincing senior leadership to take action.


Here are the strategies we see with our successful retail LP clients. They don't just install security systems—they build a case with data-driven insights and tailored tech solutions that resonate with decision-makers, ensuring post-install stats demonstrate clear ROI.


Pro Tip: Start with your highest-shrinkage store. Identify the top 3 drivers of loss and calculate the impact of reducing each by 50%. That's your budget. Then, work with your installer to match that budget with targeted solutions. Keep it within budget, and you've got a project that pays for itself in one year. Turn shoplifting prevention into a win for your store—and your career.

 
 
 

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Contact

Safeguard Retail

193-197 Dryburgh Street

North Melbourne

Victoria

3051

Be in the Know

Not sure where to start? You're not alone. Loss Prevention is all about risks vs resources. Drop us an email and we'll set up a short chat to see how we can help you navigate your options. No commitment and no hard sell. We have a genuine interest to help you.

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