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retail loss prevention
/ɹˈiːteɪl lˈɔs pɹɪvˈɛnʃən/
/ɹˈiːteɪl lˈɒs pɹɪvˈɛnʃən/
Retail loss prevention
01
the strategies and measures implemented to minimize theft, shrinkage, or losses within a retail or business environment
Examples
The retail loss prevention team conducted regular audits and surveillance to identify and address potential areas of risk within the store.
Employee training programs focused on educating staff members about theft detection techniques and the importance of adhering to security protocols to support retail loss prevention efforts.
