Retailers must contend with shrinkage, spurious slip and fall claims requiring high-resolution video recording for insurance protection, luxury concession tenants require rigorous intruder alarms, while internal theft necessitates role-specific access control.
We all know that crime reduces the profitability of retail businesses, from small individual shops to large scale, multi-story shopping centers. But the loss to companies is much more economically significant than most people probably realise. For instance, global retail crime is now estimated to be in the upwards of $123 billion each year.