For companies of all sizes, especially large retailers like Walmart, shoplifting is a huge worry. Theft is more likely to occur with certain items than others.
A list of some of the most frequently stolen goods was published by FinanceBuzz. Let’s examine them and some strategies to stop shoplifting.
High-Value, Easily Concealable Items:
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Electronics, Video games, and Cell phone accessories:
Implement security measures like display cases, alarms, and staff vigilance. -
Cosmetics:
Secure high-end products with lockable displays or sensor tags. -
Jewelry:
Limit displays, use security mirrors, and require assistance for high-value items. -
Over-the-counter medications:
Employ lockable cabinets or staff authorization for purchase.
Everyday Necessities:
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Baby formula:
Utilize sensor tags or staff-assisted checkout for sensitive areas. -
Razor blades:
Secure displays with lockable cases or alarms. -
Laundry detergent:
Consider bulk purchase programs for deterring large-scale theft. -
School/office supplies:
Implement weight sensors on exit points or require receipts for bulk purchases. -
Clothes:
One tactic to prevent shoplifting in the dressing room is to limit the amount of items that can be taken in at one time.
Small Business Owners:
Unfortunately, we are aware that shoplifters affect our locally owned businesses on a weekly basis. However, social media is likely to assist in locating suspected criminals given the availability of high-quality security cameras.
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Invest in high-quality security cameras and lighting.
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Require customers to leave backpacks and large purses locked in their vehicle or provide a locker.
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Train staff on identifying suspicious behavior and proper response protocols.
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Collaborate with local law enforcement and community programs.
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Promote a culture of honesty and security within your business.
