Addressing Loss Prevention and Keeping Retail Customers Safe

$121.6 billion was lost in 2023 to retail theft—also known as shrinkage or shrink. When we say that Black Friday is a busy shopping day, shrinkage is the elephant in the room. It’s not just busy for employees and customers—it’s peak season for loss prevention personnel who investigate the many theft incidents that happen amidst the Black Friday chaos and the weeks that follow. Most, if not all, re