Retail theft, an age-old adversary of shopkeepers, has taken a more significant bite out of profits lately. Some swipe goods out of criminal intent, while others out of necessity. The industry’s term for these losses, ‘shrink’, has seen a worrying uptick. In 2022 alone, shrink amounted to a staggering $112.1 billion, which is nearly 20% higher than the $93.9 billion reported in 2021, as detailed by the 2023 National Retail Security Survey. This surge underscores a growing challenge for retailers nationwide.
The Growing Concern of Retail Shrinkage
Retail shrinkage is on the rise, with a staggering $112.1 billion lost in 2022. That’s a nearly 20% increase from the previous year, making theft prevention a top priority for retailers nationwide.
Self-Checkout: A Double-Edged Sword
Self-checkout lanes offer convenience but also a temptation for theft. The absence of cashiers can lead to honest mistakes or intentional theft, adding to the shrinkage woes.
Walmart’s Bold Steps Against Theft
Walmart is not standing still. From incorporating police stations within stores to rethinking the self-checkout process, they’re on the front lines combating theft.
The Secret Weapon: TC Devices
A former Walmart employee has revealed on TikTok that associates use TC Devices to monitor self-checkouts, ensuring every item is accounted for.
Behind the Scenes with TC Devices
These handheld tools provide Walmart employees with a real-time receipt of purchases, allowing them to discreetly monitor transactions and act if they suspect theft.
Fake Pausing for Prevention
In a clever twist, employees can pause a self-checkout session, prompting customers to seek assistance. This interruption allows staff to address potential theft discreetly.
Redirecting Suspicious Transactions
If theft is suspected, customers are guided from self-checkout to a staffed register, ensuring all items are properly scanned and paid for.
Walmart’s Clear Message To Would Be Shoplifters
Walmart’s message is clear: Don’t risk theft at self-checkouts. With vigilant employees and technology, they’re watching closely.
Walmart’s Commitment to Honest Shopping Environments
Walmart’s innovative measures reflect their commitment to creating an honest shopping environment. It’s a reminder that integrity is valued and safeguarded.
6 Gas Station Chains With Food So Good It’s Worth Driving Out Of Your Way For
We scoured the Internet to see what people had to say about gas station food. If you think the only things available are wrinkled hotdogs of indeterminate age, and day-glow slushies, we’ve got great, tasty news for you. Whether it ends up being part of a regular routine, or your only resource on a long car trip, we have the food info you need. Let’s look at 6 gas stations that folks can’t get enough of and see what they have for you to eat. Read 6 Gas Station Chains With Food So Good It’s Worth Driving Out Of Your Way For
The Pandemic Left These Animals Homeless – But Malls Have a Solution
Animal shelters are finding new homes for their furry friends in a place you might not expect – malls. As part of an effort to alleviate the burden of increased animal intakes during quarantine, malls across the US are offering empty storefronts to animal rescue groups for free or at a steep discount. The collaborations between malls and animal havens are gaining popularity and have been widely successful in finding homes for pets. Read: The Pandemic Left These Animals Homeless – But Malls Have a Solution
Common Digestive Health Issues in Older Adults
As the population worldwide continues to live longer, approximately 14.5% of those living in the United States are categorized as older adults or over 65.1 There seems to be a lot of information available for adults living with digestive conditions, but we do not hear as much about the older adult population.
Read: Common Digestive Health Issues in Older Adults
