||About the Author|Principle and Founder PROFITRx, Cincinnati, Ohio, USA Senior Manager Level Retail Executive, Cleveland, Ohio, USA
Employee theft amounts to roughly $36.6 billion retail dollars lost annually, according to a 2008 National Retail Security Survey, and accounts for approximately 42.7 % of all retail losses. Each year organizations spend millions of dollars on theft detection/prevention devices yet still incur losses at the hands of their own employees; begging the question not of how theft occurs, but why.
Discussing the concept of the Theft Triangle (opportunity, mo...
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