How Retail Loss Prevention Can Fight Fraud and Shrink

Retail loss prevention (LP) is an increasingly significant problem costing the industry nearly $100 billion annually, according to the National Retail Security Survey (NRSS).¹ In the study, on average, retailers saw a 26.5% increase in organized retail crime (ORC) incidents last year. And while LP isn’t a revenue generator, reducing it protects margins and contributes to profitability by mitigating the need for price increases to compensate.

In our recent whitepaper, we explore tactics that help retailers effectively mitigate fraud and theft-related shrink, as well as highlight solutions to broader business challenges impacting loss prevention.