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Loss Prevention Needed by Stores of All Sizes
01/11/02
With the rising prices of textbooks, it's easy to understand why students may be tempted to steal them from your store. But that still doesn't justify the loss your business will have to take every time a book, marker, or a sweatshirt walks out of the door without being paid for. While not every campus store is big enough or can afford to install a full-scale security system, no store can afford the cost of not trying to stop thieves. Here is a roundup of articles about store security and loss prevention, plus related resources available from NACS.
Employee Training Prevents Workplace Violence
While college campuses are often safe places, you shouldn't assume that your place of business won't be a target of crime. College bookstores are not immune to armed robberies and it is wise for any retail business to be prepared to handle such violent situations.
www.nacs.org/news/080701-violence.asp
Shady Businesses and Crooks Recycle Old Scams
Some crooks are creative, but it seems most of them can't come up with an even remotely unique idea for a scam—luckily for stores, since the rehashing of the same old methods makes it easier to spot potential rip-offs.
www.nacs.org/news/020901-oldscams.asp
Don't Mess with the Doctor, or Any Other Scam
The Doctor Scam is frequently tried on college stores, but there are plenty of other ways that unscrupulous people will try to bilk you out of money. A public service campaign from government and other organizations is trying to make small retailers more aware of the ways they can lose out on offers that really are just too good to be true.
www.nacs.org/news/063000-scams.asp
Security Important to Online Operations
College stores can take precautions against shoplifters and scam artists that may come walking through the doors, but it is also necessary to be just as diligent about security when doing business on the Internet.
www.nacs.org/news/011901-onlinecrime.asp
Tip-Off Traits That Can Point to a Thief
It's unfortunate to have to suspect one of your own co-workers, but college stores that have merchandise disappearing from the stock room or at the loading dock, or cash drawers that don't add up at the end of the day may be faced with a dishonest employee.
www.nacs.org/news/091900-theft.asp
Small Stores on the Watch for Possible Theft Ring
Store employees who are working alone should keep their guard up if they have customers in the store. A sole worker, or even two employees who are distracted with stocking or doing inventory, can be exactly the target a thief—or group of thieves—is waiting for.
www.nacs.org/news/072800-theft.asp
Full Members-Only Content from The College Store magazine:
Put the Lid on Loss
College store management needs to prevent losses in their stores with basic, reasonable measures from the first day of business, regardless of how immune you think you are.
www.nacs.org/members/secure/cs_archive/000506_theft.asp
Steal This... (Fill in the Blank)
Employee theft in a college store can leave a sense of disquiet in its wake.
www.nacs.org/members/secure/cs_archive/010910_faceout.asp
Other resources:
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