Retail crime is increasing and 86% loss of stock through crime or wastage was attributed to crime in 2005, according to a report released by the Centre for Retail Research in the UK in the latter part of that year.
The survey covered a large number of European retail businesses, who returned results that suggested that external burglary and theft by staff were the biggest causes of loss. These figures are rising and yet, in 2005, an estimated 7633m was spent on installing and updating security measures.
Its clear that deterring crime is a major challenge for retailers all over the world and, as with many such challenges, a combination of approaches is often the best solution.
Learning to identify suspicious behaviour is a key part of crime prevention. Retail managers and staff should be properly trained so that they know what to look for in terms of body language, verbal questions and recognised shoplifting tactics. The more skilled staff are in spotting these behaviours, the more likely they are to raise the alarm or step in before a crime is committed.
Placing of stock and monies
Most retailers want to put their...