When it comes to securing their operations,
many retailers play Russian Roulette. In order to save money
in the short-term, they cut security costs, leaving their
In fact, twenty-five percent of retailers
have no security procedures in place.
Savvy retailers, however, understand
that security should be viewed as an important contribution
to the company’s bottom line.
Retailers who ignore security can end
up losing millions of dollars per year in inventory shrinkage
alone. Although many retailers accept this loss as “a
part of doing business,” it can be greatly reduced or
stopped altogether with the implementation of a proper security
Other losses can be even more damaging
to both the retailer’s long-term profits as well as
their reputation. These include lawsuits from customers who
have been assaulted on the retailer’s property and employees
who have faced threats during the course of their work.
No two retailers have the same security
requirements, of course, and needs vary depending on the size
of the store, location and clientele, along with other factors.
P.F. Raymond, Inc. has provided customized
security solutions to hundreds of retailers in the United
States and abroad, helping them to reduce inventory loss,
decrease insurance rates and lawsuits and boost customer retention
– all of which greatly impact their bottom line.
Raymond’s retail services include:
- Consulting with the client to
determine the proper level of security needed
- Designing the entire security
- Choosing the appropriate monitoring
- Arranging for installation and
servicing of systems