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Shrinkage, or retail theft, can have a serious impact on your bottom line. The National Association for Shoplifting Prevention says more than $35 million worth of goods are stolen from retailers every day. And while all businesses are susceptible to shoplifting, some — like clothing, book and jewelry sellers — are more so.
While teaching your staff to spot and handle shoplifters properly is a crucial deterrent, you can also implement store design tactics to help prevent stealing. Here are 10 of the best ways your retail small business can deter shoplifters today:
While it may not be possible to completely eliminate shoplifting, you can certainly make it more difficult for would-be thieves to rob you. Follow these tips for store design and customer service to make your retail store less attractive to shoplifters.