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Retail stores are a prime target for theft, and retail businesses face massive problems with shrinkage eating away at profits. Advances in the quality and sophistication of video surveillance now provide management with actionable information for liability claims, personnel behavior issues, and marketing trends.
Video surveillance isn’t just about loss prevention. Management has adopted video to provide a safer work environment for employees to take advantage of insurance benefits for reduced liability, utilize enhanced analytics for queue management, people counting, crowd and loitering detection, and strategic product marketing.
Customer Stories
Kirklands
Working with several systems integrators, Kirkland’s chose to deploy an IP video surveillance solution consisting of Hanwha video surveillance cameras managed by Salient’s enterprise Video Management Software (VMS).
New Hampshire Liquor Commission
The New Hampshire Liquor Commission (NHLC) experienced a record-breaking fiscal year in 2016. Sales reached an all-time high of $678.4 million, marking a $36.3 million increase in total sales from Fiscal Year 2015. With the increase of business, and the addition of three more state-run stores, the state commission felt it was time to improve on security solutions. Enter Griffon Security Technologies.
Running to Security
“The larger concept stores have deployed all IP and 360-degree cameras that all feed back to their home office,” said Grant Cowan, director of national accounts at Salient.
“Deploying our CompleteView VMS, they are able to manage the video feeds more effectively, and with the store in Times Square, where there are more than 100 cameras, they have all the horsepower they need to look at video images.”
Savers
Security must place a key role as the company resells and recycles quality merchandise, giving communities a smart way to shop, and it keeps more than 700 million pounds of used goods from landfills every year. Savers takes their recycling efforts a step further by helping more than 100 nonprofit organizations, purchasing their donated goods and providing them with a source of revenue.
Resources
2023 Security Trends: What to expect in the year ahead
Innovation is expected to continue at a rapid pace in 2023, thanks in part to the residual effects of the pandemic which has driven changes that might have otherwise taken
Fraudulent Returns Cost Retailers Billions Annually
Another tactic that retailers can use is to implement technology to track and prevent fraudulent returns. For example, many retailers are now using radio-frequency identification (RFID) tags on their products
Actionable Intelligence in Retail
Surveillance systems today are now smarter, faster and multidimensional when compared with systems from just a few short years ago.
Retail Asset Protection Conference 2023
Asset protection professionals have always been important to retail’s success, but the pandemic has made the role more central to retail operations than ever before—and it’s never going back.
NRF Protect
Where security experts expand their expertise NRF PROTECT is retail’s loss prevention, digital fraud and cyber risk event.
How Collaboration Fuels VMS Innovation
Originally published in SDM Magazine | Anna Boudinot November 18, 2022 – How are end users’ needs driving VMS development and deployment? Last year we posited that 2022 would be the year of the
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