Retailers big and small face the daily challenge of shrinkage from internal and external theft. Commonly known as shoplifting, external elements of shrinkage are a cold hard fact of operating a retail business. Internal shrinkage, also known as employee theft, accounts for nearly 50% of all losses retailers’ experience.
Video surveillance cameras with proper advance notification of their use can act as a strong deterrence to shrinkage, internal or external. The prevention of theft and the elimination of these losses are especially critical to protect the profitability and the success of the retail business operation.