Is there a shoplifting epidemic in the United States in 2023. What is the economic impact to the retailer and consumer?

Is there a shoplifting epidemic in the United States in 2023. What is the economic impact to the retailer and consumer?

As of my last update in September 2021, I don’t have enough new data on any shoplifting epidemic in the United States. However, shoplifting and retail theft continue to be an escalating issue for retailers, causing economic impacts on both the retail industry and consumers. Let’s discuss the potential effects and implications of shoplifting on the retailer and the consumer.

Economic Impact on Retailers:
a. Loss of Revenue: Shoplifting leads to direct financial losses for retailers as stolen merchandise cannot be sold, resulting in a decrease in revenue.
b. Increased Security Costs: To combat shoplifting, retailers need to invest in security measures such as surveillance systems, security personnel, and anti-theft technology such as a Sensormatic System. These added expenses can strain a retailer’s budget.
c. Higher Insurance Premiums: Frequent theft incidents can lead to higher insurance premiums for retailers, adding further financial burden.
d. Cost of Restocking: Replacing stolen items can be costly for retailers, especially if the thefts are frequent or involve high-value goods.
e. Impact on Small Businesses: For small retailers, shoplifting can be particularly devastating, potentially leading to closures or financial instability. Smaller Retailers suffer the most because they cannot spread out the losses. In most cases prevention techniques such as employee training, Sensormatic Systems, and CCTV are critical to the small to medium size Retailer.

Impact on Consumers:
a. Price Increase: To offset losses from theft and increased security measures, retailers may raise prices on their products, which ultimately affects consumers by increasing the cost of goods.
b. Reduced Product Selection: In extreme cases, retailers may discontinue certain products if they are frequently targeted by shoplifters, limiting choices for consumers.
c. Impact on Retail Experience: Shoplifting can lead to more stringent security measures, such as increased bag checks or restrictions on browsing, affecting the overall shopping experience for consumers. Application of an Electronic Article Surveillance (EAS) system such as a Sensormatic System protect the Retailer without impacting their customer.
d. Loss of Trust: Consumers might lose trust in a retailer if shoplifting incidents are not effectively managed, leading to a negative perception of the brand.

Societal Impact:
a. Increased Crime Rates: Shoplifting can contribute to overall crime rates, affecting the safety and security of communities.
b. Legal and Law Enforcement Costs: Dealing with shoplifting cases can be burdensome for law enforcement agencies and add to the already-strained legal system.
c. Diversion of Resources: The diversion of law enforcement resources to address shoplifting may impact their ability to tackle more serious crimes.

It’s important to note that the situation may have evolved since my last update, and more recent data would be necessary to determine if there is a current shoplifting epidemic in the United States. Addressing shoplifting requires a comprehensive approach involving retailers, law enforcement, and communities working together to minimize its impact and ensure a safer retail environment for everyone.

For more information visit our website. You can also visit our FREE monthly Loss Prevention Magazine for more theft prevention techniques and information.


YOUR solution – Penn Connected Temperature Monitoring By Loss Prevention Systems Inc.

YOUR solution – Penn Connected Temperature Monitoring By Loss Prevention Systems Inc.

In today’s fast-paced and interconnected world, ensuring the safety and quality of various industries is of utmost importance. Penn Connected by Loss Prevention Systems presents an innovative solution to address these concerns through its state-of-the-art temperature and humidity sensors. Designed to safeguard businesses in diverse sectors, including food, medical, livestock, and education, these sensors offer unparalleled advantages in terms of cost, installation, maintenance, and monitoring.

One of the primary applications of Penn Connected temperature and humidity sensors is in the realm of food safety. Maintaining optimal temperature and humidity conditions is critical for preserving the freshness and quality of perishable goods. With these sensors in place, businesses in the food industry can effectively monitor their storage facilities, refrigerators, and freezers to prevent spoilage and adhere to regulatory standards. This not only safeguards consumer health but also minimizes financial losses due to wasted inventory.

In the medical field, particularly in the context of vaccine storage, the importance of maintaining precise temperature levels cannot be overstated. Vaccines are delicate and can become ineffective if exposed to incorrect environmental conditions. Loss Prevention Systems Penn Connected sensors offer healthcare providers the ability to remotely track and control the storage environment, ensuring the potency and efficacy of life-saving vaccines.

The livestock industry also stands to benefit from Penn Connected technology. Animals’ well-being is influenced by their living conditions, which include temperature and humidity levels. By deploying these sensors, farmers and animal husbandry experts can create optimal environments for their livestock, thereby improving animal health and production efficiency.

School safety is another critical application for Penn Connected sensors by Loss Prevention Systems. With concerns over indoor air quality and the potential spread of airborne illnesses, educational institutions can utilize these sensors to monitor classrooms, gymnasiums, and common areas. This proactive approach contributes to a healthier learning environment and reduces the risk of disease transmission among students and staff.

Loss Prevention Systems Penn Connected’s wireless system is a game-changer when it comes to cost-effectiveness and ease of use. Traditional wired monitoring systems often come with high installation and maintenance expenses. In contrast, the wireless nature of Penn Connected sensors eliminates the need for complex wiring, leading to a significant reduction in installation costs. Moreover, the sensors are designed for longevity, boasting an impressive 10-year battery life. This means less frequent maintenance and battery replacements, further contributing to cost savings over the long term.

The compact size of these sensors, often likened to a “postage stamp,” ensures that they can be discreetly placed in various environments without disrupting aesthetics or functionality. This unobtrusive design adds to the appeal of the Penn Connected system, making it a practical choice for a wide range of industries and settings.

On top of this your records are automated and you have full access via your dashboard. This save facility, store and Headquarters labor hours and provides a fast easy way to access data. Of course this comes with monitoring and notifications.

Penn Connected temperature and humidity sensors by LPSI offer an array of benefits that extend across numerous sectors. From safeguarding the quality of food and vaccines to enhancing livestock well-being, maintaining safe school environments, and beyond, the applications are diverse and impactful. The wireless, cost-effective, and long-lasting nature of these sensors positions them as a cutting-edge solution that addresses both current and future safety and monitoring needs.

For more information CONTACT US. You can also learn more at our WEBSITE.

What types of shoplifters are there and when are shoplifters most likely to try to steal from a Retailer?

What types of shoplifters are there and when are shoplifters most likely to try to steal from a Retailer?

Shoplifting is a common form of theft that occurs in retail settings, and it’s essential for retailers to understand the different types of shoplifters and the factors that influence when they are most likely to attempt stealing. Shoplifters can be classified into several categories based on their motivations and behaviors. Let’s explore the different types of shoplifters and the times when they are more likely to target retailers:

  1. Amateur Shoplifters: These are individuals who engage in shoplifting impulsively and without much planning. They might steal small items or goods that they personally desire. Amateur shoplifters are often inexperienced and easily deterred. They are more likely to strike during busy shopping periods when there is less attention on individual customers.
  2. Professional Shoplifters: Unlike amateurs, professional shoplifters are well-organized and experienced in stealing merchandise. They often operate in groups and may use distractions or shoplifting tools to evade detection. Professional shoplifters tend to target high-value items that can be easily resold for profit. They might strike during busy periods when store staff is preoccupied and security is spread thin.
  3. Opportunistic Shoplifters: This group includes individuals who spot an easy opportunity to steal, often due to negligence or lack of proper security measures. Opportunistic shoplifters may not have a history of theft but seize the chance when they notice vulnerabilities in the store’s surveillance or employee awareness.
  4. Employee “Shoplifters”: These shoplifters are retail staff members who steal from their own workplace. Employee theft can be particularly damaging as insiders have better knowledge of store operations and security. They may try to conceal their actions by manipulating inventory records or tampering with security systems. Employee shoplifting can happen at any time when they feel they can go undetected.
  5. Addictive Shoplifters: Some individuals shoplift due to underlying psychological issues, such as kleptomania or substance addiction. These shoplifters may not necessarily have a motive to use or sell the stolen items; instead, the act of stealing itself serves as a coping mechanism for their emotional struggles. Addictive shoplifters may strike at any time, and they might be more prone to stealing during stressful periods in their lives.
  6. Flash Mob Shoplifters: In recent years, there have been instances of organized groups, often referred to as “flash mobs,” participating in coordinated shoplifting activities. These groups assemble quickly, overwhelm store personnel, and steal a large quantity of items before dispersing rapidly. Flash mob shoplifting can be challenging to predict, but it often occurs during periods of mass gatherings or events.
    When are shoplifters most likely to try to steal from a retailer?
  7. Peak Shopping Seasons: Shoplifting incidents tend to increase during peak shopping seasons like holidays (e.g., Christmas, Thanksgiving) when stores are crowded, and staff is busier than usual.
  8. Weekends and Evenings: Shoplifting attempts are more common on weekends and during evening hours when stores are generally busier, and surveillance may be less stringent.
  9. During Sales and Promotions: Shoplifters might take advantage of sales events and promotions when discounts attract more customers, making it easier for them to blend in.
  10. Store Opening and Closing Times: Shoplifters might target stores during opening or closing hours when employees are occupied with setting up or shutting down, and security may be lax.
  11. Understaffed or Overwhelmed Stores: Shoplifters are more likely to strike when stores are understaffed or during busy periods when employees are overwhelmed, making it easier to go unnoticed.
  12. During Distractions: Major in-store events, demonstrations, or entertainment might serve as distractions, enabling shoplifters to take advantage of reduced vigilance.
    It’s important to note that retailers can take preventive measures to deter shoplifters, such as investing in a Sensormatic System, training staff to identify suspicious behaviors (Loss Prevention Systems does this for you free of charge when you purchase a system), and maintaining good visibility throughout the store. Understanding the different types of shoplifters and their tendencies can assist retailers in developing effective strategies to combat theft and minimize losses.
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With Electronic Article Surveillance (EAS) what are the advantages for a Retailer of Acousto Magnetic (AM) over Radio Frequency (RF). Sensormatic manufactures both.

With Electronic Article Surveillance (EAS) what are the advantages for a Retailer of Acousto Magnetic (AM) over Radio Frequency (RF). Sensormatic manufactures both.

Electronic Article Surveillance (EAS) systems are used by retailers to prevent theft and reduce shoplifting. Acousto Magnetic (AM) and Radio Frequency (RF) are two common technologies used in EAS systems. Sensormatic Systems manufacture both AM and RF systems. Each technology has its advantages and disadvantages, and the choice depends on the retailer’s specific needs and preferences. Here are some advantages of Acousto Magnetic (AM) over Radio Frequency (RF) for retailers:

Detection range: AM systems generally offer a longer detection range compared to RF systems. This means that AM technology can cover a wider exit/entrance area, making it suitable for larger store layouts or stores with wide exits.

False alarm reduction: AM systems are known for having fewer false alarms compared to RF systems. RF systems can sometimes trigger false alarms due to interference from other electronic devices, which can be a nuisance for both store staff and customers.

Resistance to interference: AM technology is less susceptible to interference from metallic objects, such as shopping carts or metallic store fixtures. In RF systems, these metallic objects may sometimes cause false alarms or affect the overall performance.

Tag orientation: AM systems have a more flexible tag orientation, meaning that the security tags can be placed on the products with more freedom in positioning. RF systems often require specific tag orientations for optimal detection.

Performance in challenging environments: AM technology tends to perform better in challenging retail environments, such as those with a high amount of metal or electromagnetic interference.

Deactivation performance: Deactivating AM tags at the point of sale is usually faster and more reliable than deactivating RF tags. This can lead to smoother and quicker checkout experiences for customers.

Availability of labels and tags: AM security labels and tags may be more readily available and offered by a wider range of suppliers compared to RF tags, which could potentially lead to cost savings for retailers. Loss Prevention Systems carries the full range of both AM and RF tags and labels by Sensormatic.

It’s important to note that both AM and RF EAS systems have their strengths and weaknesses, and the choice between the two will depend on the specific requirements of the retailer and the store environment. Loss prevention Systems will help you decide which technology is best for you and your budget. Some retailers may even opt for hybrid EAS systems that combine both AM and RF technologies to leverage the advantages of each. Ultimately, retailers should consider their store layout, product types, budget, and desired level of security when selecting an EAS system.

Contact Loss Prevention Systems today. You can also visit our website.

Is shoplifting becoming more violent in the US? How can retailers counter the potential violence in their stores?

Is shoplifting becoming more violent in the US? How can retailers counter the potential violence in their stores?

Shoplifting incidents can vary in nature and severity, and trends can differ across regions and time periods. While some instances of shoplifting may involve violence, it is important to approach the topic with caution and not generalize based on isolated incidents. Shoplifting-related violence is not necessarily a widespread phenomenon, but retailers should still take precautions to ensure the safety of their employees and customers. Here are some potential strategies retailers can consider:

Employee training: Retailers can provide comprehensive training to their employees on how to handle potentially difficult situations, including shoplifting incidents. This training can include de-escalation techniques, conflict resolution skills, and when to involve security or law enforcement. Loss Prevention Systems provides this LIVE training in person or on-line.

Visible store presence: Maintaining a visible presence of staff and security personnel in the store can act as a deterrent to potential shoplifters. When individuals perceive a higher risk of being caught, they may be less likely to engage in shoplifting or violence.

Effective store layout and surveillance: Retailers can design their stores with clear sightlines and unobstructed views to minimize blind spots. Installing surveillance cameras strategically can help deter theft and provide evidence if incidents occur. However, keep in mind that CCTV is more “after the fact”. There is some deterrence value however, there are better methods for prevention.

Collaboration with law enforcement: Establishing strong relationships with local law enforcement agencies can be beneficial. Retailers can work together with the police to share information, report incidents promptly, and coordinate efforts to prevent and address shoplifting incidents. You should set up an in person meeting with a member of your local law enforcement agency. Have them give you input about your stores vulnerabilities, how they respond and what other measures they can provide such as more frequent marked patrol car drive byes, walking patrol…. You should make it clear that they are always welcome in your store and encourage them to stop by. A cup of coffee, bottle of water…. sends the right message. Most law enforcement agencies have “Zone” type meetings, crime prevention meetings… You should join and go every time. This will keep you up to date on crime in your specific area.

Technology-based solutions: Retailers can explore the use of advanced security technologies, such as electronic article surveillance (EAS) systems like a Sensormatic System, RFID tagging, video analytics, and inventory management systems. These technologies can help detect theft attempts, track inventory, and improve overall store security. Again, Loss Prevention Systems has all of these technologies and we sell, install and service nationwide.

Safety protocols and emergency planning: Retailers should develop and communicate clear safety protocols to their employees in case of emergencies or violent situations. This may involve creating evacuation plans, implementing panic buttons on your burglar alarm system. These panic buttons should be installed in places that employees can retreat to in the event of an emergency. Having them at the POS is fine but, the back office, stock rooms are better. Train your staff on how to respond appropriately in different scenarios.

It’s important for retailers to conduct a thorough risk assessment based on their specific store locations, customer demographics, and historical incidents to determine the most appropriate security measures to implement. Consulting with a Loss Prevention Expert or industry associations can provide valuable insights tailored to the retail environment.

For more information Contact Us. You can also visit our website.

Source Tagging By Loss Prevention Systems Will Save The Retailer Money

Source Tagging By Loss Prevention Systems Will Save The Retailer Money

EAS source tagging, or Electronic Article Surveillance source tagging by Loss Prevention Systems, is a practice employed by retailers to enhance their security measures and prevent theft. It involves embedding or attaching electronic surveillance tags to products at their source of manufacture or packaging, before they even reach the retailer’s store shelves. These tags can be detected by electronic surveillance systems located at the store’s exits, triggering alarms if an unpaid item is taken out without proper deactivation.

The primary purpose of EAS source tagging is to deter theft and reduce inventory shrinkage, which refers to losses incurred by retailers due to theft, shoplifting, or administrative errors. By implementing EAS source tagging, retailers aim to minimize losses, protect their merchandise, and maintain profitability. Here are some ways in which EAS source tagging can lead to significant cost savings for retailers:

Reduced labor costs: Traditional anti-theft measures often require employees to manually attach security tags to products once they arrive at the store. This process can be time-consuming and labor-intensive. EAS source tagging eliminates the need for in-store tagging, allowing employees to focus on more value-added tasks, such as customer service. By streamlining operations, retailers can optimize their workforce and potentially reduce labor costs.

Enhanced operational efficiency: EAS source tagging enables retailers to adopt a more efficient and streamlined approach to inventory management. With tags already applied to products at the source, the process of receiving and stocking merchandise becomes faster and more automated. This efficiency can result in improved inventory accuracy, reduced discrepancies, and better overall operational performance, ultimately saving the retailer money.

Prevention of theft and shrinkage: By deterring theft and reducing shrinkage, EAS source tagging directly helps retailers avoid financial losses. The mere presence of visible security tags can discourage potential shoplifters, acting as a strong deterrent. Moreover, the use of electronic surveillance systems at store exits ensures that stolen items trigger alarms, allowing immediate action to be taken. As a result, retailers can recover stolen merchandise, minimize losses, and protect their profit margins.

Decreased expenses on anti-theft measures: EAS source tagging can potentially reduce the need for other costly anti-theft measures, such as security guards or surveillance cameras. While these additional security measures may still be necessary in some cases, the overall reliance on them can be reduced when EAS source tagging is implemented effectively. This reduction in expenses can translate into significant cost savings for retailers.

Improved customer experience: EAS source tagging helps create a safer and more secure shopping environment for customers. When theft is minimized, it enhances the overall shopping experience by reducing the instances of empty shelves, missing items, or inconveniences caused by security measures. Satisfied customers are more likely to become repeat customers and generate increased revenue for the retailer.

EAS source tagging by Loss Prevention Systems provides retailers with various benefits that can lead to substantial cost savings. By reducing labor costs, enhancing operational efficiency, preventing theft, decreasing expenses on anti-theft measures, and improving the customer experience, retailers can optimize their operations, protect their merchandise, and ultimately save money.

Get started today. Contact Loss Prevention Systems and we make your journey into source tagging simple and easy. We have both AM and RF technologies.