Loss Prevention Archives
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The Dollar General Store in Clinton, South Carolina was recently targeted by an unabashed thief, who ran out of the store with several dollars worth of edible items. The furry thief was caught hours later, thanks to the store's front entrance surveillance cameras. In the video you see the thief -- who happens to be a Husky pooch named Cato -- entering the store and then moments later dashing out as quickly as possible with stolen dog treats.
Arrested by Clinton's police, Cato was charged with shoplifting, but was later released to his owner. Why would Cato feel the need to commit such a crime? "Look at him, he's fat," said his owner, Holly Darden. This is not the first time he's gotten into trouble with the law; according to Darden he's hit up a Pizza Hut and Ingles Grocery Store to satisfy his criminal craving for stolen food. Watch the video below:
In the newly released case study, "Cleaning House: The Impact of Information Technology Monitoring on Employee Theft and Productivity," three academic researchers found that restaurant surveillance has a significant impact on employee behavior, resulting in reduced employee theft and increased productivity.
The study focused on 392 restaurants in 39 states where it looked at the before-and-after effects of employee monitoring. With no surveillance system in place, restaurants experienced more employee theft, but once cameras were installed to observe employees, incidents of employee theft decreased.
As reported by the New York Times, analysts estimate that restaurant chains have a slim profit margin of roughly 2-5%. What's startling is that employee theft losses account for 1% of yearly revenue, reducing yearly earnings by a sizable amount.
Restaurants that did install an employee monitoring system saw revenue jump to an average of $2,982 per week, which equates to an increase of 7%. Over 630,000 restaurant server transactions were tracked during the course of the study, with the results proving that in-store surveillance cameras changes employee behavior for the good.
It's tempting to profile shoplifters. You don't often imagine shoplifters as mature, hardworking professionals who earn a six-figure salary. Unfortunately it happens and isn't necessarily all that uncommon. Oftentimes retailers do not pay enough attention to those consumers who don't fit the profile of how we envision shoplifters. Ex-Purdue University Dean Robert "Pablo" Malavenda has taught retailers a valuable lesson: shoplifters shouldn't be stereotyped. As a college dean, he managed approximately 690 student activities and organizations, including sororities and fraternities.Read More
Two would-be robbers in Dalian City, China have learned a valuable lesson - never go back to the scene of the crime. As alluring as it may be, there will always be trouble awaiting. These two 21 year olds learned the hard way - they were arrested by the police.Read More
"Shrinkage" or the theft of inventory (either by customers or employees), has plagued large and small retail outlets for years, and video surveillance and security cameras have been one of the main tools that stores and managers use to control their stock and maintain their store's security.Read More
Brian John Perry is a man who knows what he likes, and takes what he wants. What the 42-year-old wanted this week was a framed painting of Mt. Hood on display in the Clackamas County Public Services Building in Oregon City, Ore. An avid skier, Perry was attracted to the painting which uses an assortment of shocking pastels to depict one of his favorite mountains, so he decided to steal it. Unfortunately for Perry, the building is outfitted with a video surveillance system, and his bold attempt at art thievery was captured on camera in great detail.Read More
Two criminals from the Miami area learned a tough lesson recently - don't steal from Uncle Bob.Read More