Loss Prevention Word Cloud

Combatting Theft-Retail Security for Small-Box Retailers

  1. Approach the merchandise
  2. Selection of the merchandise
  3. Concealment of the merchandise
  4. Continuous surveillance of the suspect
  5. Exit the store
  • Ticket Switching: Removing a high dollar price tag and replacing it with a lower price tag.
  • Return Fraud: Returning stolen merchandise to get store credit (because they did not have a receipt). This is achieved by stealing merchandise from one store and returning it at another.
  • Credit Fraud: Using a stolen Visa/Mastercard or store credit card to make purchases. Some retailers have robust data systems in place when it comes to store brand credit cards. These systems can retrieve customer information such as name and address, alert that the card has been stolen, and any recent suspicious activity.
  • Counterfeit Money: Presenting cash money for payment at the point of sale that looks real, but is actually counterfeit because it lacks the embedded security features. This can be determined by marking bills with a pen to see the color change, or holding the bill up to the light to see the embedded security strip or watermark. But often, the presence of counterfeit bills is determined after the fact, long after the transaction is completed and the offender has left the store.

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I’m a Grandparent, military veteran, and college football junkie. My articles have appeared on thegridironnews.com, the Runner Sports, and Death Valley Voice.

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Tony Thomas

Tony Thomas

I’m a Grandparent, military veteran, and college football junkie. My articles have appeared on thegridironnews.com, the Runner Sports, and Death Valley Voice.

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