In this article, we will go over some key 2023 retail shrinkage statistics and discuss the most cost-effective solutions to retail theft regardless of the types of products you sell. Retail shrinkage is a relatively new term in the world of retail sales that refers to the rate of theft in retail stores. There are […]
As a retail shop owner, you probably know that there are certain times of the day when inventory shrink is more prevalent than others. Fortunately, there are things you can do to reduce and sometimes even stop it. Here at RTF Global, our mission is to help you do just that. What Times of Day […]
Read More… from Common Times of Day That Theft Occurs and How to Prevent It
Retail theft is on the rise in North America, emphasizing the critical need for proactive inventory protection. Simultaneously, the retail industry is undergoing a significant digital transformation, evident in the introduction of electronic kiosks and in-store laptops that enable customers to access inventory information and product details. This presents the challenge of safeguarding these digital […]
Read More… from Loss Prevention Solutions that Support Digital Transformation in Retail
Retailers face an epidemic of theft from employees that supervisors mistakenly trusted. Studies indicate that retail theft accounts for 37 percent of store losses, totaling approximately $100 billion annually. Compounding the problem of inventory losses, stores that sell high-value products such as power tools or electronic devices need to promote products by showcasing them to […]
Read More… from How to Reduce Employee Theft With Retail Display Security
Though shoplifting tends to peak during specific times of the year, it remains a year-round challenge for retailers. Being aware of these periods can help you become more prepared to handle such incidents. In this blog, we will discuss when shoplifting typically occurs at its highest, the reasons behind it, and how RTF Global’s retail […]
As retail theft becomes increasingly sophisticated, retailers need to keep up with the latest theft prevention tools and techniques. Our team of retail theft prevention experts are always looking for new and improved ways to safeguard your inventory. Theft Prevention Tips for Visual Merchandizing No one knows better than you that retail theft never rests. […]
Read More… from Ideas for Incorporating Theft Prevention in Your Visual Merchandizing
Regardless of the type of retailer you are, the challenge of protecting revenue and inventory against the many faces of theft is a daunting endeavor. If you’re wondering how to retrofit your existing store fixtures to prevent retail theft, you’ll be pleased that RTF Global offers tools to deter such activity, as well as detect […]
Read More… from How RTF’s Retail Security Components for Store Fixtures Prevent Retail Theft
What are Retractable Security Tethers? Retractable display tethers are anti-theft devices that work by adhering to merchandise and securing the product to their retail display. These low-profile security tethers ensure retailers, like Home Depot, that their merchandise is both presentable and secure against in-store theft. How Retractable Product Tethers Protect Your Merchandise Anti-theft recoilers, pull […]
Read More… from Retractable Display Tethers For Retail Merchandise Control
Whether at home or work, it’s common for small electronics like remote controls to go missing. In electronics retail stores, these items have a greater tendency to be stolen or misplaced, negatively impacting your bottom line. Investing in simple security measures like remote control security cables can ensure that your stock is safe against theft. […]
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