Britain’s hard-pressed High Street retailers are in a position whereby they require real and tangible assistance in order to combat rising crime-related losses. Here, Trevor Wallace argues that the solution lies in technology that simultaneously boosts bottom line returns on fiscal investments. Trouble is afoot…
Staff Theft
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Second only to the products that it’s selling, arguably the most important aspect of any retailer’s business are the loss prevention measures it has in place. Without such measures, asserts Evgenia Ostrovskaya, a retailer has little to no chance of surviving – and particularly so in…
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Britain’s ‘gig economy’ “could be key driver” for new wave of internal dishonesty in retail sector
by Brian SimsBritain’s ‘gig economy’ could be one of the key drivers for a new wave of internal dishonesty in the retail sector as financial pressures and the perceived low risk of being caught act as tell-tale ‘trigger points’ for staff theft. That’s according to research among…
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According to the British Retail Consortium (BRC), crime cost the UK retail industry £603 million last year. That figure represents an 18% increase on the previous 12 months. Of course, the period covering the run-up to Christmas brings with it a particular risk of retail losses to theft with…