Loss Prevention

supermarket data reports

3 Automated Reports Grocers Should Be Sending To Their Department Leaders

As technology makes it easier to both gather data from supermarket operations and pull actionable insight from that data, some grocers are exposing this information to department leaders in each of their stores to drive improvement from the ground up. We sat down with Chad Knutson, Asset Protection Profit Improvement Manager at Wisconsin’s Festival Foods, to…

grocery store analytics

3 Out-Of-Box Analytics Platforms Grocers Can’t Ignore

It can be hard to stay on top of the latest advancements in grocery store data technology. With recent advancements in CCTV technology and loyalty programs — not to mention the rapidly-changing habits of 21st century consumers — analytics platforms that help inform supermarket business decisions might be pushed to the back burner. If you…

grocery video surveillance

Modern CCTV for Grocery: How New Technology Is Changing Supermarket Video Surveillance

Traditional closed-circuit television (CCTV) systems, while still in use throughout grocery and retail stores, are increasingly being swapped out for more modern networked video tools. The major difference between old and new video systems boils down to the technology itself. While CCTV systems typically transmit signals to one particular set of monitors through wired connections,…

loss prevention software for grocers

Loss Prevention Analytics and Reporting Software Options for Grocery: How Supermarkets Can Track Loss Prevention

It’s almost impossible to tell where shrink is coming from without a data platform capable of tracking and revealing its sources. The other challenge comes in reporting. While spreadsheets may work well enough for logging data, they tend to fall short when analyzing information to reveal trends that staff can act on. As with most…

grocery store theft

Report: Shrink On The Rise Among Retailers

57% of major retailers reported an increase in company shrink in 2016, according to a recently-released Jack L. Hayes International, Inc. survey. The survey, which featured data from 26 major retailers, highlighted theft as a major cause of shrink among retailers. Results of the survey showed 26 major retailers lost $3.4 billion due to theft last…

Control Grocery Store Shrink With These Easy Steps

If you are in the supermarket/grocery industry, you are surely familiar with shrink and how it impacts your business. Loss prevention can become a difficult task, especially when you do not know where to start. Let’s look at the first few steps needed to begin your Loss Prevention strategy: Identifying the problem Developing a program…

The Dangers of Face Overs & Stuffing

The term planogram is nothing new to any retailer. It refers to a set plan of where products should be placed throughout the store. Much planning goes into the development of these plan to ensure complimentary products are placed close to one another, product assortment is optimized for sales, and more. Even with such detailed planning, it is fairly common to see stores vary slightly or even greatly from their planogram. Two primary causes of this deviation being face overs and stuffing.

Common Return and Refund Fraud and What to Look for

Return and refund scams are very commonplace. It’s estimated that nearly 10% of all refunds and returns somehow abuse store return and refund policies. Learn about some common scams and 2 simple steps you can implement to help prevent your store from being defrauded.

How Stores Can Use Culture as a Loss Prevention Tool

Loss prevention is a huge part of retail. Regardless of size and the amount of shrink, controlling loss of products impacts retail as a whole.

Innovation in CCTV and its impact on Loss Prevention

 

CCTV has long been one of the most important, central methods to deter shoplifters and help identify repeat offenders. Great CCTV systems mean you can monitor problem areas constantly, and even if you can’t react to a thief in real time, you could still get a good idea of their identity, behavior, and the products that they targeted.

Download Success Snapshot Sign up and see how Date Check Pro helped Metcalfe's Markets.