Electronic Article Surveillance

In the most recent reports retail companies and business reported losses totaling approximately $41.6 billion or an average of 1.61% of sales to theft and fraud according to a National Retail Security survey.

The majority of this number is due to employee theft, at $19.5 billion, which represented almost half of losses (47%). Shoplifting accounted for $13.3 billion, or about one-third (32%) of losses. Other losses included administrative error ($5.8 billion and 14% of shrinkage) and vendor fraud ($1.7 billion and 4% of shrinkage) Stop theft and loss by adding our Electronic Article Surveillance technology to track items that you have in your inventory.  Alerts can be created when articles are removed from certain areas in your retail location.  Asset Tracking is important and should not be overlooked.