Entries by Everett Cope

What Retailers Need to Know: Shoplifting 101

In 2016, the average inventory shrink rate increased to 1.44 percent. According to the National Retail Security Survey 2017, shoplifting by outside customers accounted for 37% retail inventory loss, followed by 30% in employee theft, 21% in administrative errors and 5% in vendor fraud. Together this loss accounted for $48.9 billion worth of inventory. There […]

Retail CCTV Business Analytics Matter. Here’s Why.

Over the last decade, the retail industry has experienced a transformation. As consumers spent more dollars shopping over the internet, traditional brick and mortar stores had to reevaluate their strategies and direct their focus on customer experience, store operations, and improved efficiencies in addition to loss prevention. It is a subtle shift with giant implications. […]

Why Should a Business Owner Opt in to Professional CCTV Systems vs Big Box DIY?

The integration of security technology into the business landscape has grown so quickly that it has become commonplace. Whereas once business owners debated whether or not to use security cameras and wondered if it could have a negative impact on their business, now CCTV security camera systems have become standard security equipment for businesses of […]