What is Loss Prevention and What kind of tactics can be used in loss prevention security? - Redmark Security

Loss prevention is a category of security procedures which is vital for the retail industry. Statistics from 2021 show that retail theft was at $700,000 per 1 billion in sales .Obviously , retail theft is a concern for stores and retail outlets and they turn to security companies to alleviate some of these losses .Having a solid program to deter shoplifters and cut down on retail losses from theft helps stores to continue to run their business at a profit and keeps prices from rising as much due to theft.

Loss Prevention security can be a delicate balance to get the results you need while still being discreet and professional on the execution of duties. As a rule, the last thing you need in a retail environment is to create a scene that can be disruptive to other shoppers. Dealing with theft in as low key a way as possible helps limit losses and needless unwanted attention to the store.

What kind of tactics can be used in loss prevention security? For starters having store greeters at the door can be useful in surveying potential shoplifters and they will be able to alert security and management to possible persons of interest inside the store. These frontline workers can be an asset to the loss prevention programs by being able to recognize repeat offenders and advise officers of their presence inside.

Another way is using uniformed loss Prevention officers. These officers can be posted either near the entrance of the retail space or patrolling the whole store .Uniformed officers can present a visual deterrent to thieves who are looking for an easy theft .As well as when they are patrolling they can ask if they need assistance and this can also help prevent theft as the more  attention they have the less likely they are to attempt to steal .This is true especially when dealing with novice shoplifters who lack the confidence of long term thieves. These people scare off more easily if their attempted theft becomes a more difficult task.

Finally , we have one of the most common security tactics and that is plainclothes loss prevention officers .These officers can wander the store and watch peoples behaviour. It is much easier for them to see a theft in progress which makes criminal prosecution of shoplifters much easier .They can more easily maintain a visual of the perpetrators and be valuable with their eye witness accounts and ability to testify if needed .Whether the officer is assigned to a single store or even a whole retail area the opportunity to find those who are stealing is much better when thieves don’t expect it .As well the plainclothes officers will become familiar with regulars who attempt to steal on a regular basis.

RedMark Security brings a wealth of experience in loss prevention and could help you in creating a program that could help you in identifying chronic shoplifters who frequently visit your store. We can help you eliminate these theft activities by our presence. We also record date & time of each effort or incident, and call police whenever needed. It gives the police, the ability to identify and pursue these criminals and get them off the area.