Shoplifters steal more than U.S. $14.2 billion a year from North American retailers.
According to the Centre for Retail Research's 2008 Global Retail Theft Barometer, the average shoplifting dollar loss in North America is U.S. $747per incident. Employee theft costs $19.6 billion. Worldwide, shoplifting means lost sales, higher inventory costs, and tighter margins—all of which can be disastrous in today's increasingly competitive marketplace.
Fortunately, retailers CAN stop shoplifters and cut shrink.
Electronic Article Surveillance (EAS) systems have been proven to protect your merchandise against shoplifters. Small security tags, applied to high-theft merchandise, alert retailers when shoplifters try to take stolen items through electronic sensors at exit doors.