Why Retailers Need a Security System

December 10, 2018

Shoplifting. According to National Retail Security Survey (NRSS), in 2015, 45.2 billion (with a ‘B’) dollars’ worth of inventory was stolen. The loss of items to shoplifters is called ‘shrinkage’ in the retail business. The problem isn’t only shoplifters, it’s also employee theft that can be a huge problem!


So why risk losing so much money from people stealing from you when you can get a commercial security system in your business? By installing a security system, you can So why risk losing so much money from people stealing from you when you can get a commercial security save thousands of dollars, catch the thieves who stole from you, prevent items from being stolen, and find out which employees are taking inventory from your store.

The Most Shoplifted Items

According to http://www.businessinsurance.org/, the 9 most shoplifted items in America are:

1.Meat

2.Razors

3.Baby Formula

4.Cosmetics

5.Alcohol

6.Laptops

7.Over-The-Counter Drugs

8.Smartphones

9.Clothing

How This Can Impact Your Business

With poor security coverage for your business comes problems. People see it as a weakness and will steal from you, and will continue to steal from you until they’re caught or until you put in theft preventative items (like a security system). When people steal from you it impacts your bottom line and makes it harder for you to turn a profit. For small businesses, this can be a huge problem and can result to shutting down the business. When there is a noticeable shoplifting problem, companies tend to higher more employees to monitor customers to ensure they are not stealing. Not only does this add to your payroll expenses but is not a very liable solution. Lastly, people may resort to shopping online so they do not have to worry about a company running out of inventory.

Business Security Systems in Lexington, Kentucky

If you want the best business surveillance systems in Lexington, Kentucky, trust Sonitrol to take care of your security needs! With our state-of-the-art technology and top-notch customer service, you will save money and give yourself and your company peace-of-mind. Please feel free to contact us at 859.255.2525 to learn more about our products and services, we would love to help you!

 

 

free assessment

Get security tips automatically