Loss Prevention Procedures Prevent Liquor Wine Store Theft

Loss Prevention Procedures with Reduce Employee Theft and Shoplifting Losses

• Interview by Mike Bederka with Small Business Smarts

Podcast Time Stamps:

[02:30] — Retail security consultant can help design loss prevention procedures
[03:15] — Interview begins with Mike Bederka at Small Business Smarts
[03:30] — Employee theft and shoplifting account for most inventory loss
[04:30] — Existing staff not always suitable following a large inventory loss
[05:20] — Many owners feel they cannot control chronic shoplifting
[06:30] — 99% of customers act similarly while shopping; Shoplifters do not
[07:20] — How can retail stores eliminate shoplifting blind-spots
[08:58] — Excellent customer service is the best solution to thwart shoplifters
[10:00] — Watch for areas frequently used by shoplifters for product staging
[11:05] — Genuinely greet every customer by looking them in the eye
[11:35] — Keep all merchandise “faced” on the shelves to spot missing bottles
[12:35] — Some liquor store serial shoplifters always steal the same items
[15:15] — Best run stores train and enforce detailed loss prevention procedures
[16:05] — Employee thieves like to blame bad inventory loss on shoplifters

Loss Prevention Procedures Cut Inventory Loss

• Liquor, wine, spirits, and beer superstores as large as 25,000 square feet
• People under 21 years are sometimes excluded from browsing in a store
• High retail prices make bottles of liquor, wine, and spirits a theft target
• Loss Prevention Procedures are your tools to reduce inventory shrinkage
• Procedures need to be clearly defined, well-articulated, and enforced
• High standards in hiring, training, and closely supervising employees are required
• Holding employees accountable for accurately following procedures is key
• Loss prevention procedures provide the audit trail needed to track performance
• Inventory control requires consistent execution of loss prevention procedures
• Shoplifting occurs in a store you own, control, and set the rules of engagement
• Shoplifting occurs when liquor store staff are passive and inattentive
• Well-organized liquor wine spirits specialty store displays help spot bottle loss
• Technology is the back up not a replacement for good loss prevention procedures

Related Loss Prevention Procedures Articles & Podcasts

• Convenience Store Security and Loss Prevention Briefing
• 10 Things Loss Prevention Agents want Shoplifters to Know
• 10 Things Shoplifters Don’t Want You to Know
• Shoplifting Advice: Retail theft of merchandise

• Online Orders are Secure via PayPal Server
• Unconditional Money-Back Guarantee