With Black Friday on the horizon and shops and warehouses busier than ever, Elliot Roddy, Operations Director at CDX Security Group has shared some tips on how to keep the must-have gift items safe and secure:
- Regular monitoring and CCTV,
- Stock control and audits, and
- Partner with a trusted security firm.
Staying alert with the must-have items
Each year, we see certain items gain popularity and become the year's must-haves. This year, social media and the rise of TikTok have accelerated the rise to the top for certain products and we can already see a selection coming to the forefront.
Air fryers, Mini Uggs, Dyson Air Wraps, and Apple Watches all seem to be on this year’s wish list, while the old favourites, such as the latest iPhone or AirPods, remain must-have items. These big-value items will be highly sought after this Golden Period, making it essential for retailers to stay alert.
Causes of loss
Ensuring all facilities have an effective security strategy to shrink loss prevention should be top of retailers’ lists
Shoplifting, internal theft from employees, fraudulent returns, and accidental actions are the top ways retailers are exposed to loss, which will be heightened throughout the Golden Quarter.
Ensuring high-street stores, as well as warehousing and distribution facilities, have an effective security strategy to shrink loss prevention should be top of retailers’ lists for the 2022 golden quarter.
Loss prevention tips
Here are our top three tips:
- Regular monitoring and CCTV: A physical presence coupled with CCTV is an effective visual deterrent to potential shoplifters while allowing for regulated searches to ensure maximum loss prevention.
- Stock control and audits: Regular stock checks and audits ensure retailers can quickly identify any breaches in security and help avoid any substantial losses.
- Partner with a trusted security firm: Retail crime and profit loss cost the UK £ 2.2 billion in 2021, so it’s essential retailers have a professional and experienced security firm on their side to help provide an effective strategy.
After the difficulties of the past few years for both businesses and consumers and ongoing concerns during the cost of living crisis, everyone deserves a happy Christmas this year. These simple steps will help ensure a happier shopping experience, improved stock availability, and a safer environment for staff and customers.