Survey respondents noted the COVID-19 pandemic environment, staff safety, lower police response and higher risks as some of the reasons for less shoplifter apprehensions in the previous year.

Securitas Electronic Security Inc. (SES) has established a new organization dedicated to security for retail businesses across North America. 

Theft, fraud and losses from other retail “shrink” totaled $50.6 billion in 2018, up from $46.8 billion the year before as industry security executives said there is a growing overlap between loss prevention and cybersecurity efforts.