Retail Shrinkage – Costing British Business Billions A Year
Posted in News by Tagmax on 13th February 2020
Retail shrinkage is loss of inventory that occurs as a result of shoplifting, employee theft, admin error, vendor fraud, and damage in transit. Whilst shrinkage cannot be fully avoided, it is possible to take steps to reduce and mitigate the impact it has on your business.
How Can Retail Loss Prevention Be Applied To Fitting Rooms?
Posted in CCTV by Tagmax on 12th September 2019
The fitting room is an essential part of any clothing store. Being a private area that allows shoppers an opportunity to try on items that they're interested in purchasing, the provision of such facilities can be a major factor in persuading people to buy products on the spot.
Professional Tips on Retail Loss Prevention
Posted in CCTV by Tagmax on 16th August 2019
If you run your own retail operation, then you’ll be fully aware of the effect that theft could have. Not only does shoplifting, robbery and internal theft affect the profit margins of a business, such incidents also create an unsafe environment for staff and customers; creating a negative reputation that the business would find hard to overturn.