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Fred Tarasoff Articles
Written by: Fred TarasoffRetail Loss Growing Problem - Click To Read Article
In today's highly competitive environment keeping retail loss, which includes shoplifting, internal theft, fraud, etc. to the utmost minimum is mandatory for the ongoing success of your retail business
Into the Mind of a Shoplifter - Click To Read Article
To better understand shoplifting and to minimize theft we not only worked with law enforcement agencies, the security industry and retail organizations but we also interviewed approximately 300 shoplifters to better learn the some of the tricks of their trade.
Grocery industry at high risk of theft - Click To Read Article
Shoplifting is very common in the grocery stores, especially now that most stores have expanded to carry much more than just your stable grocery items. The combination of higher end consumer items combined with relatively low levels of security make it an ideal target for shoplifters. With tougher economic times it is projected that theft both internal as well as external is expected to dramatically increase. With small profit margins grocery stores need to seriously consider the prevention of shoplifting as a key component in reducing losses.
Calculate the Cost of Shoplifting and Employee Theft - Click To Read Article
Shoplifting and employee theft cost the retailer a great deal in lost profits and everyone and everyone including the consumer pays for this crime. Unfortunately retailers often underestimate the actual figure in terms of losses. Unless a business has strict inventory control it is simple to come up short getting a good sense of overall losses. There is a basic formula for calculating total annual retail losses in your business, which will give you a fairly accurate idea of how much profits are actually walking out your door.
Violence in Shoplifting - Click To Read Article
You will often hear the term “Shoplifting is a Victimless Crime”, this certainly is not necessarily always the case. With the rise in shoplifting there has become an increase in violence towards retailers and their employees. In some cases these are verbal assaults but in a growing number of cases it has become physical. Retailers need to recognize a potential danger to personal safety and take the appropriate action.
To Catch a Thief - Click To Read Article
I challenged a friend who owned a Health Food / Vitamin Store to an experiment. Over a three day period an accomplice and I would try to rob his store blind. The owner was confident that his staff was alert and he had some good anti-theft devices.
Reducing the Employee Theft Epidemic - Click To Read Article
The FBI calls employee theft “the fastest growing crime in America!” and the U.S. Chamber of Commerce estimates that 75% of employees steal from the workplace. But it possible to reduce the incidence of employee theft by following some simple tips.
In Business to Sell Shoplifted Items - Click To Read Article
Shoplifting along with employee theft has become big business. In a number of cases, storefronts have been set up for the sole purpose of reselling shoplifted items for huge profits. In other cases shoplifters as well as grocery store employees have made arrangements with unscrupulous restaurants to supply them with stolen merchandise, primarily meat products for a cut rate price. Meanwhile other shoplifters have gone into business for themselves selling a variety of shoplifted items on one of the many online auction sites.
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About the Author: Fred Tarasoff RSS for Fred's articles - Visit Fred's website FJ Tarasoff is considered a leading authority in retail loss prevention and has been featured in numerous newspapers and magazines including Globe and Mail, Small Business Report, Grocer and Hardware Mag. etc. He has more than twenty five years experience in retail and understands the cost of retail theft. In 1989 a record store he owned went under in a large part due to shoplifting. A few years later he was physically attacked by a shoplifter while managing a health food store. These two events inspired him to research and develop various training programs to better prevent, detect and deter both internal as well as external theft. For the last decade Tarasoff worked closely with law enforcement, security companies, trade associations as well more than 250 shoplifters were interviewed in order to better understand theft and how to best reduce theft. Click here to visit Fred's website Reducing the Employee Theft Epidemic Violence in Shoplifting Retail Loss Growing Problem To Catch a Thief Calculate the Cost of Shoplifting and Employee Theft |
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