Store theft is lifting of items on sale in a store without paying. It’s a huge crime in the retail business. Luckily, there’re various retail theft prevention devise to deter crime. These work effectively to deter amateur and experienced criminals who might target your store. Regardless of your stock, the loss from theft goes to your bottom line. It’s no wonder that shoplifting is the major cause of loss in the retail industry. Given is how to protect your store from theft.

Most shoplifters believe stores overprice their merchandise to make huge profits. So, they find a way to go away with items without paying. However, the store owner is likely to make up for this loss by charging consumers more. Shoplifters cause considerable loss to the store significantly affecting its bottom line. Unfortunately, in case the business owner increases their price points, customers are likely to go to other stores.
 
Kinds of shoplifters

To keep your store from the loss caused by shoplifters, it pays to understand them better. These usually fall into different categories including:

1. People who don’t want to pay
2. People who get a thrill from stealing
3. People who lack money to pay for items
4. Those who steal to sell elsewhere for a profit

Some people might just fake shoplifting to bring false accusations against you. Others might be stealing from your store to cause economic damage to store owners or manager. In some cases, the shoplifters might be store employees or security personnel.

One aspect of preventing theft is monitoring all store activities. Through this, you might catch the culprits red-handed in the act. This is through investing in retail store security devices such as CCTV systems, checkpoint security labels, and tags. Security cameras in your premises can let you watch the theft happening, seeing where the culprit has concealed the item and watching them try to move out without paying. EAS systems can nab the suspect as they try to sneak out without paying for the items. This eliminates the chances of false accusations and loss of items.
 
Strategically placed mirrors can help monitor people as they do their shopping without them noticing. It’s a wonderful idea to protect your merchandise from being shoplifted. You’ll be in a better position to catch people trying to steal from your store before accomplishing their mission. Additionally, ensure to have uniformed guards to man the exit to deter shoplifting by watching people coming in and going out.

Ensure to have floor attendants to greet, help, and follow customers inside your store. Additionally, your staff should monitor the store for potential shoplifters. For high-value items, have them locked in glass displays where customers can see them. No customer will be able to touch them without paying. So, it limits the chances of shoplifting.

The above ideas can help lessen chances of theft in your store. This will come in handy for those periods when there’s heavy traffic such as the festive season. Investing in security devices will definitely pay off with a significant improvement on your bottom line.