5 ways the retail risk landscape is evolving

The 2019 National Retail Security Survey tells a story of a dramatically changing retail risk landscape, with new threats and challenges being met at each turn with new loss prevention tools. Nearly 45 percent of survey respondents indicated their budgets for loss prevention efforts will be up and 68 percent say they’ll allocate additional resources, most of that in technology. The infographic below sums up retailers’ focus on tools, talent and budget for this year. Download the report to see more data.

 

More on loss prevention

National Retail Security Survey 2019
 
Compelling statistics on inventory loss, its financial impact and strategies for fighting fraud.
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Retail shrink totaled $61.7 billion in 2019 amid rising employee theft and shoplifting/ORC
 
Theft, fraud and retail “shrink” totaled $61.7 billion in 2019, up from $50.6 billion in 2018, according to NRF.
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National Retail Security Survey 2020
 
Compelling statistics on inventory loss, its financial impact and strategies for fighting fraud.
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