Striking a balance between revenue maximisation and fraud loss exposure
If you want to hear about the latest cost-effective loss prevention strategies and solutions from B&Q, Aurora Fashions, Phones 4U and many more, register for the Retail Bulletin¬ís 4th Loss Prevention Summit.
This important event takes place at the Cavendish Conference Centre, London W1 on Tuesday 10th September 2013. It will be retailer-led with selected industry and agency experts adding to the debate.
Retail suffers at the hands of shoplifters, travelling gangs, internal thieves and online fraudsters up to £4 billion every year. Crime and loss prevention forms a considerable proportion of the overall cost of retail crime in the UK, with an average expenditure of £750,000 per retailer.*
As a consequence, retailers need to invest heavily in loss prevention technology and training to protect their businesses, but more importantly to ensure the safety and well-being of their employees, customers and the communities which they serve.
Today’s fraudsters are increasingly using techniques that make online fraud harder to identify and more difficult to isolate. With e-crime costing the retail sector £205.4 million in 2011-12**, e-crime now equates to the most costly type of crime affecting the sector. Many retailers now identify fraud arising from their growing online and multichannel operations as the biggest emerging issue of retail crime and needs to be a priority.
Speakers confirmed so far are from B&Q plc, Aurora Fashions Ltd, Brighthouse, Phones 4u, eBay Inc., Scotmid Co-op, Metropolitan Police, Retailers Against Crime, University of Leicester, National Fraud Authority, CIFAS with more to be added.
Register now to make sure of your place. Click her for further information.
* BRC Retail Crime Survey 2012
** BRC’s ‘Counting the cost of e-crime’ Report
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