While security is important for any business, convenience stores (c-stores) are a frequent target for would-be criminals—particularly shoplifters—due to their late hours, high cash volume and heavy foot traffic. The National Association for Shoplifting Prevention found that more than $13 billion worth of goods are stolen every year. That’s more than $35 million per day.
And it’s not just shoplifters who are causing product to go missing. Three out of four employees admit to having stolen from their employer at least once, accounting for 42.7 percent of retail shrinkage. (more…)