Loss prevention is costing retailers an exorbitant amount of money every year! According to NRF, the 2017 National Retail Security Survey found that the average inventory shrink rate has increased to 1.44%. Furthermore, 36.5% of inventory shrink happens from shoplifting or external retail crime while 30% are from the employee or internal thefts. The key is to communicate a clear message, watch and record, reflect on the situation, give responsibility, and most importantly, control the inventory. Discover what we can do about loss prevention at rgis.com/retail