Retail theft has now risen to an all-time high as Australians struggle with the rising cost of living. Offenders not only include the everyday consumer, but also builders and trades who can no longer bear the brunt of rising material costs.
Nationally shoplifting offences have increased to a staggering 27.9 per cent in the 12 months to September, which is the highest growth in shoplifting on record. Western Australia alone saw a disturbing 40 per cent increase in shoplifting compared with last year, while shoplifting offences grew to an all-time high of 23.7 per cent in Victoria, according to Victoria’s Crime Statistics Agency.
New South Wales figures surged by 36.1 per cent, South Australian offences grew 31 per cent, while Queensland’s shoplifting incidents are now higher than any time in the past two decades.
It is not just shoplifting causing concern for retailers, with employee theft attributing to 33 per cent of all internal theft, while administration errors, fraud, and loss of stock through spoilage and damage are also on the rise.
Having a thorough understanding of your shrinkage and knowing where the major holes are in your business are vital in not only preventing you from losing money but is also an important strategy that could either make or break your business in the long-term.
"Stop losing unnecessary money to on-going theft. NTHA’s Retail Loss Prevention Course will show you how to implement crucial processes today.."
While there are obvious strategies that can be implemented immediately to reduce risks, including updating security cameras, would you know how to respond appropriately if there was a security breech? Do you have the right processes in place to report incident or prevent on-going theft in-store?
A new Retail Loss Prevention course from NTHA Training will equip you and your team with the right knowledge and skills necessary to protect your assets, reduce losses, and enhance your overall security for good.
Available from November 29, the self-paced online course is undertaken at your pace, with a Statement of Completion issued once all tasks are submitted.
At just $110.00 per person, the course implements skills such as identifying potential security risks, responding, and reporting on security breaches.
Take advantage of the current introductory price and update your security processes now by contacting NTHA Training (RTO 5343)) directly on 1800 822 621 or email: info@ntha.edu.au
