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Report: Shrink Cost U.S. Retailers $42B in 2013

The latest Global Retail Theft Barometer study finds retail shrink costs the average U.S. household $403 annually; cost of retail crime as percentage of revenue rose 27% in the U.S.


Latest in Loss Prevention

Vector Security relocated its National Accounts Division into an expanded facility here as the company prepares to meet increasing demand for loss prevention services, including IP video, electronic article surveillance (EAS) and managed network services. October 04, 2011

A new study reveals that retailers lost more than $37 billion to theft in 2010, an increase of nearly $4 billion compared to the previous year. June 13, 2011

As Troyer Country Market (TCM) continued to grow, its owners realized a more technically advanced retail system would help overcome challenges associated with an expanding business. As a result, the store deployed Panasonic's retail solution, including point-of-sale (POS) workstations, scales/scanner, POS printers, video surveillance cameras ... April 20, 2011

During Thursday's "Video Analytics and Content Analysis: Use Cases Explored, RFPs Developed" panel at ISC West, attendees learned about the latest video analytics solutions and best practices for writing request for proposals (RFPs) to deploy the technology ... April 06, 2011

Vector Security has accepted 30 retail industry professionals into the 2011 Loss Prevention Foundation (LPF) scholarship program ... March 16, 2011

A new study conducted by the Loss Prevention Research Council (LPRC) reports that 87 percent of retail companies that currently use analog surveillance technology are considering switching to network video ... January 11, 2011

A new survey reports that shoplifters and dishonest employees stole more than $6 billion from 25 major retailers in 2009 ... August 31, 2010

Checkpoint Systems Inc., a multinational provider of loss prevention solutions, has launched an enhanced training program, based on a network certification created by ... November 10, 2009

Agilence Inc., a provider of intelligent video analysis solutions, is now an Application Development Partner (ADP) of Axis Communications. May 05, 2009

Under a new agreement, Checkpoint Systems Inc. will install electronic article surveillance (EAS) technology in 5,300 CVS/Pharmacy Inc. stores. July 13, 2004




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