10 Essential Retail Loss Prevention Strategies
retail loss prevention strategies matter more in Australia right now because shrinkage is no longer a background cost. In Australia, retail shrinkage due to theft and other losses reached $4.5 billion annually, with external theft accounting for 45% of total shrink, according to the 2023 National Retail Association Retail Security Survey summary. For retail managers, […]
Retail Loss Prevention Services: Smart Strategies for 2026
Retail loss prevention services start with a hard truth. In Australia, retail shrinkage reached $4.69 billion in 2023, up 17.8% year on year and equal to 1.2% of total retail sales, according to the Australian retail loss prevention market report. For operators running tight margins, that isn’t background noise. It’s profit walking out the door […]