Shoplifters and dishonest employees stole more than $6.0 billion in 2008 from just 22 major retailers, according to the 21st Annual Retail Theft Survey conducted by Jack L. Hayes International, the leading loss prevention and inventory shrinkage control consulting firm.
ADT is helping retailers in these tough economic times improve sales conversion rates with the latest technology that can help them analyze customer shopping patterns.
DigitalPersona Inc., provider of fingerprint identity and authentication solutions, recently announced that the largest Wendy's restaurant franchisee, Tar Heel Capital, has chosen DigitalPersona U.are.U Fingerprint Readers to combat theft.
BridgeWave Communications, a supplier of gigabit wireless solutions, today announced that its FE60U gigabit upgradeable wireless products power the backbone of the wireless video surveillance network for the City of Highland Village in Texas.
A delicate balance exists in the retail world as businesses try to ensure easy and seamless customer experiences while maintaining high security. This ranges from finalizing a transaction, down to information security controls and processes designed for data integrity.
- By Mike Lloyd
- Jun 22, 2009
Retail theft, including shoplifting, employee theft, administrative error and vendor fraud, is up, according to a recent annual survey conducted by the University of Florida with a funding grant from ADT Security Services.
3VR Security Inc. recently announced that Sammy’s Woodfired Pizza, a restaurant group with locations throughout Southern California and Las Vegas, has chosen 3VR’s searchable surveillance solution to bolster its retail security, guest and employee safety, customer service and loss prevention capabilities. The 3VR SmartRecorder surveillance platform includes features specifically designed for the needs of retailers, including new solutions aiding in loss prevention and addressing organized retail theft.
A survey conducted of America's largest retailers reports an increase in retail crime associated with an economy in distress, said the Retail Industry Leaders Association (RILA).
Managing remote locations of a retail business can be a challenge, and Panasonic System Solutions Company provides a dynamic solution with its Virtual Site Manager (VSM), a powerful multi-faceted business tool offering end-to-end, seamless integration of video surveillance and point-of-sale (POS) systems that enable comprehensive management and control capabilities.
The Retail Industry Leaders Association (RILA) welcomes Checkpoint Systems Inc., the leading supplier of retail shrink management solutions, as its title sponsor of the 2009 RILA Loss Prevention, Auditing and Safety (LPAS) Conference.
The Jewelers' Security Alliance recently released its 2008 Annual Crime Report covering crime against the jewelry industry in the U.S. The total number of crimes against the industry increased 16.6 percent, with total dollar losses of $103.5 million.
IQinVision recently announced that upwards to 20 downtown Rotterdam shops, in the Netherlands, have deployed IQeye megapixel cameras to combat store robberies.
Identity theft and credit card fraud are the fastest growing crimes in the United States. The Federal Trade Commission reports that one in six Americans will be a victim of identity theft this year and that identity theft has been the No. 1 consumer complaint for the last four years.
- By Harry Hartnup
- Mar 02, 2009
Remote video monitoring company Westec Intelligent Surveillance announced this week an additional $20 million in equity funding.
- By Brent Dirks
- Feb 26, 2009
GVI Security Solutions Inc., a provider of video security surveillance solutions featuring the complete Samsung Electronics line of products, has been awarded a two-year contract extension starting, to provide video surveillance equipment to a major U.S.-based international retailer for its United States asset protection and safety program.
Insight Video Net and Mango DSP recently announced that the two companies have developed a strategic partnership.
A new study "Loss Prevention and Beyond: Survival of the Fittest," sponsored by ADT's Sensormatic Retail Solutions, has uncovered some big differences between top retail performers -- those whose sales growth outpace the three percent industry average -- and retailers below that average.