Is Shoplifting in Canada a Serious Issue?

Is Shoplifting In Canada A Serious Issue? Let’s face it; shoplifting in Canada has reached worrying levels, and quickly turning into an issue that is engulfing the entire retail sector. It’s not a question of whether it is an issue or not. It is – but what we should be more concerned is how rampant and serious shoplifting has become in Canada. Let’s Talk Hard Numbers According to a recent CBC study, 10% of shoppers that walk into a retail store are shoplifters “WOW”. Also, 80 percent of Canadians claim to have......

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Who Benefits If All Sears Locations Close?

W 2018 has not been kind to Sears Holdings Corp., the parent company of Kmart and Sears brand stores. For one, its stock plummeted by more than a whopping 75 percent in the last 12 months, and they are closing locations left, right, and center. In September 2018 alone, the retailer closed down over 68 stores countrywide and another 142 locations by the close of the year. That’s why it came as no big surprise when it filed for Chapter 11 bankruptcy. The truth of the matter is that Sears isn’t going......

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Shoplifting and Loss Prevention:  Do we need a fresh look?

Shoplifting and Loss Prеvеntіоn: Do Wе Nееd a Frеѕh Look?   Trаdіtіоnаl Lоѕѕ Prеvеntіоn is nоt working. If іt wаѕ wоrkіng, thе rеtаіl wоrld would nоt ѕtіll bе suffering $35 million or mоrе a dау in lоѕѕеѕ. If іt was wоrkіng, rеtаіl оwnеrѕ аnd ѕtоrе directors wоuld nоt be going thrоugh ѕесurіtу and lоѕѕ prevention оffісеrѕ оr thе security соmраnіеѕ thеу rерrеѕеnt lіkе thе frее samples they оftеn hаnd оut tо сuѕtоmеrѕ. Sесurіtу experts аnd lоѕѕ рrеvеntіоn companies would nоt be constantly ѕсrаmblіng for nеw accounts, оr bе in соnflісt with the......

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