Insight Report 1 minute PremiumInsights Video: Retail Shrink and Loss-Prevention Methods Coresight Research Sector Lead: John Harmon, CFA, Associate Director of Technology Research June 16, 2023 What's InsideLoss-prevention events are becoming more frequent, impacting retailers’ profitability. How are retail companies tackling security challenges? In this Insights Video, Coresight Research analysts John Harmon and Primel Konok present key insights on loss prevention and enabling technologies, including RFID and video surveillance. Data in this video include: Inventory shrink, by source Increase in risk and threat priorities to retailers over the past five years Reports of shrink by notable retailers in 1Q23 US cities affected by ORC Retailers’ prioritization of loss prevention and investment in technologies to tackle shrink Companies mentioned in this video include: Apple, CVS, Home Depot, Lowe’s, Target, Walmart Other relevant research: Retail Shrink and Loss-Prevention Methods—Presentation Our free report, sponsored by Sensormatic: RetailTech: Leading-Edge Loss Prevention—Tackling Theft and Fraud Through RFID, Video Surveillance and More Retail-Tech Landscape: Loss Prevention Is the Future of Security Locked in Technology?: Insights Presented at NRF Protect 2023 This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Shoptalk 2024 Wrap-Up: AI “Hype” and Back to Retail Basics—Loyalty, Physical Stores and MoreJuly 2023 Monthly Consumer Update: US, UK and ChinaWeekly US and UK Store Openings and Closures Tracker 2023, Week 3: US Closures Down 24%Coresight Bites: Which US Consumers Are Most Sensitive to Inflation?
