What is one strategy to prevent theft in retail?

Implementing overt security devices is an effective strategy to prevent theft in retail for several reasons. Overt security measures, such as clearly visible cameras, security tags on merchandise, or security personnel, serve as a deterrent to potential shoplifters. When individuals know that they are being monitored, they are less likely to engage in theft. Additionally, the presence of these security devices can help to create a sense of safety and order within the store, which benefits both customers and employees.

While increasing product prices might seem like a way to offset losses from theft, it does not address the root cause of the problem and can negatively impact sales. Providing limited employee training could lead to a lack of awareness about theft prevention strategies, and it can diminish the staff's ability to respond effectively to suspicious behavior. Avoiding customer interactions could create a negative shopping experience, reduce customer loyalty, and miss opportunities for employees to engage with shoppers in a positive way, which can actually help prevent theft by fostering a sense of accountability and trust.