Loss prevention policies and practices have existed in retail venues for decades and continue to prove effective in reducing merchandise theft and managing inventory. The 32nd Annual Retail Survey conducted by Jack L. Hayes International, Inc. showed 348,000 shoplifters and employees were apprehended in over 18,944 stores affiliated with over 21 large retail companies in the United States in 2019. Over $136 million was recovered in lost revenue and merchandise through security practices instituted at these home improvement businesses, apparel, and supermarkets. Mark R. Doyle, President of Jack L. Hayes International, Inc. noted two-thirds of the participating retailers reported an increase i
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