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Retail loss prevention (also known as retail asset protection) is a set of practices employed by retail companies to preserve profit.[1] Loss prevention is mainly found within the retail sector but also can be found within other business environments.
Retail loss prevention is geared towards the elimination of preventable loss.[2] Most companies take this traditional approach by either having their own in-house loss prevention team or using external security agencies.
- ^ Charles A. Sennewald; John H. Christman (2008). Retail Crime, Security, and Loss Prevention: An Encyclopedic Reference. Butterworth-Heinemann. ISBN 978-0-12-370529-7.
- ^ Alan Greggo and Millie Kresevic, Retail Security and Loss Prevention Solutions (2011), Taylor & Francis, pp. 228