Retail Loss Prevention Services

Retail Loss Prevention

Decrease Loss, Increase Profits:

How Lodge Service Loss Prevention Services Can Benefit Your Retail Business

At Lodge Service, we are dedicated to providing a comprehensive range of retail loss prevention services to support your store in combating margin attrition caused by criminal activities and negligence. We firmly believe that stock loss occurs due to rule violations. By implementing robust security and prevention measures that focus on adherence to procedures, we ensure that retail shrinkage is minimised.

Our Retail Loss Prevention services offer the following key advantages for your business:

  • REDUCED SHRINKAGE AND THEFT IN RETAIL
  • ESTABLISHMENTS SECURE YOUR STORE WITH
  • RULE-BASED SECURITY SYSTEMS PROMPT LOSS
  • PREVENTION INVESTIGATIONS DISCOVER
  • UNDERCOVER OPERATIONS TEST AND VERIFY
  • PURCHASES THROUGH POS SYSTEMS
  • CUSTOMIZED STAFF TRAINING IN LOSS
  • PREVENTION THOROUGH RETAIL AUDIT COMPLIANCE
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retail loss example stealing clothes

Lodge Service has over 100 years of experience working with retail clients to help reduce retail loss

RETAIL EMPLOYEE & INTERNAL THEFT PREVENTION

Our comprehensive retail loss prevention solutions are designed to help businesses tackle the issue of internal theft by providing effective strategies and tools. By implementing our solutions, you can significantly reduce the instances of internal theft and protect your profits. Our loss prevention services form a crucial part of an overall profit protection campaign that can help safeguard your business against financial losses.

investigate employees for retail losses
retail inventory in store

RETAIL SHRINK

Inventory shrinkage is a term used to describe the loss of inventory, which is a common issue for retailers. It occurs when there’s a difference between the recorded and actual inventory. At Lodge Service, we provide a wide range of retail loss prevention methods to help you identify and minimize any inventory shrinkage happening within your business. Our loss prevention efforts are tailored to focus on the key areas of interest in the retail world, such as external theft, store employee theft, or any retail loss prevention issues that could cause inventory loss.

PREVENT RETAIL LOSS THROUGH AUDIT AND COMPLIANCE

We conduct on-site risk assessments and audits to identify procedural gaps and measure compliance with agreed routines, reducing retail loss.

retail compliance audits to reduce retail loss
training for retail loss prevention

RETAIL SECURITY TRAINING

We offer customised staff training workshops to identify loss areas and teach effective retail shrink-reduction techniques. Workshops can be tailored to your business and held on-site.

INVESTIGATIONS

Our experienced team of investigators handle procedural and crime-related investigations into potential cash and stock incidents, preparing detailed case files for police involvement. They specialise in retail loss prevention methods and retail crime.

retail loss experts investigating

Get in Touch

If you require further information about our technology services or further advice on your requirements. Please contact our experts today.

FAQs

What does loss prevention mean in retail?

Most retail stores experience some form of shrinkage, which is a loss of inventory. This can be due to shoplifting, employee theft, or simply mistakes made by employees. Retailers lose millions every year as a result of shrinkage, so it’s important for store owners to take steps to prevent this from happening.

How do you prevent loss in retail?

Retail loss prevention is the process of protecting a company’s store inventory from theft and damage. This can be done in a variety of ways, including surveillance, security guards, and alarm systems.

What are effective loss prevention strategies?

Security tools are regarded by most experts as one of the most commonly used loss protection techniques. Integrated cameras detect and deter criminal activity. Keep your valuables away!

There are many loss prevention strategies, but some common examples include:-

  • Implement a thorough loss prevention plan
  • Implementing security cameras and alarm systems
  • Hiring security guards
  • Implement systems to monitor fraudulent returns and monitor staff members
  • Training employees in store loss prevention procedures
  • Using electronic article surveillance and security tags
  • Getting the latest security system in your retail store and efficiently monitoring store losses
  • Implement effective cash handling procedures
  • Hire internal or external loss prevention manager support
  • Conducting regular in-store inventory audits
building systems management

SIA Approved Contractor Scheme (ACS) status for the provision of Security Guarding and Key-Holding.

building systems management

Lodge Security Limited is a Safe Contractor accredited supplier

building systems management

Lodge Service is an NSI (National Security Inspectorate) Gold accredited organisation for Guarding, Keyholding and Technical services.

building systems management

Lodge Security Limited achieved a score in the top 1% for the SIA ACS approval