As a retail store owner, it’s not the Grinch you need to look out for over the holiday season. It’s theft and vandalism. In fact, last year, about $112B was lost to various types of retail crime, including shoplifting, flash mobs, and organized crime.
With the holiday season comes a surge in foot traffic and opportunity for retail stores (whether the pre-Christmas shopping rush or the following Boxing Day sales), but this also marks a time when security risks escalate. Retail theft, shoplifting and other security breaches can significantly impact your company’s bottom line - and even your reputation.