Retailers rally around increase in shrink
With each quarter close and fiscal year-end reporting, we hear an increasingly familiar refrain from the retail sector. It goes something like this – shrink due to theft has gotten out of control. It has crushed profitability and prompted negative revisions to forecasts. The cost to stores will be recouped at higher...
Prioritizing physical security outcomes while maximizing your budget in a fluctuating economic environment
Given the current market, marked by volatility, inflation and high interest rates, flexible security budgets are important. Being strategic about using low-cost resources when and where you can, while guarding the most important posts and assets with higher-end resources, helps security departments play their part in...