POS SOFTWARE
I was talking to our supplier of video security today and he discussed some of the latest research from the US. I thought some it would be very interesting to my clients.
Its a survey done in the US of 23 large retail companies with 23,204 stores having over $660 billion in retail sales in 2013 compared to 2012. According to the latest study, currently, about 30% of all stock shrinkage is estimated to be theft.
| Description | Change from 2012 |
| Shoplifter Apprehensions | Up 2.5% |
| Employee Apprehensions | Up 6.5% |
| Total Apprehensions | Up 2.8% |
On average, dishonest employees steal 5.4 times the amount stolen by shoplifters ($706.21 vs $130.89).
I will be speaking soon about some exciting new functions we will be introducing to help our clients which we are very excited about.
