Submitted by dillon on Tue, 04/26/2016 - 16:42

South Africa is in the top five countries hardest hit by shrinkage, according to the latest Global Retail Theft Barometer.  Matthew Dyball, MD of loss prevention firm Lodge Security, says shoplifters tend to target small items that are easily concealable, removable, available, valuable, enjoyable and disposable.  Hot products typically include small items like razor blades, shaving products, vitamins, cosmetics, meat, infant formula and baby products, alcohol, DVD’s and CD’s, smart

Submitted by dillon on Tue, 04/26/2016 - 16:39

Retail fraud is the hottest topic for many South African retailers today and features high on their agenda because, by tackling fraud effectively, there are immediate, bottom line savings to be made. Fraud, whether physical, electronic, organised or casual from staff or customers, need to be tackled head on.

Retail Knowledge, one of Europe’s largest retail fraud and loss prevention conference organisers, publishers and researchers, held its first conference in South Africa, Cape