As Retail Theft Rates Rise, Is Your Business Protected?

In today’s economic climate, where inflation continues to drive up prices, retail owners must take their business security seriously. With rising prices comes a higher theft rate. Is your business equipped to handle this increase?

The Rising Threat of Retail Theft
According to recent data from the National Retail Federation, the average price of goods and services increased by 7.1% over the past year. Consequently, 54% of U.S. retailers have reported a significant rise in theft incidents. This growing trend underscores the importance of taking proactive measures to protect your business from theft and ensure your peace of mind.

Why Invest in Business Security?
Inflation and other economic pressures contribute to the rise in theft. In major cities, robberies and thefts have surged by 20% over the past two years. This reality demands that business owners remain vigilant both during operating hours and after closing.

Professional Monitoring: One of the most effective ways to safeguard your business is through professionally monitored security systems. With 24/7 monitoring, your business is protected around the clock. If an alarm is triggered, professional monitors will respond immediately, ensuring your business is always under watch, even when you’re not there.

Enhance Your Security with the Right Devices Security Cameras: Equip your commercial space with both indoor and outdoor cameras. These cameras not only help monitor daily activities but also provide recorded footage that can be crucial for law enforcement if an incident occurs. Advanced video analytics can notify you of any unusual activity, distinguishing between animals, people, and vehicles.

Motion Detectors: These are essential for monitoring movement within your store, especially after hours. With professional monitoring, any triggered alarms are immediately addressed.

Glass Break Detectors: Many thieves break windows to gain entry. Glass break detectors can detect the sound of breaking glass and trigger an alarm, ensuring a swift response from law enforcement.

Door & Window Sensors: These sensors monitor when entry points are opened. They can also be installed on cabinets and storage areas. Receive instant notifications via the Boyd SMS app whenever a sensor is triggered, ensuring you are always in control.

Smart Devices for Enhanced Security Smart Plugs: Control lights and other devices remotely to save energy and deter thieves. If you notice suspicious activity, turning on lights can scare off potential burglars.

Smart Door Locks: Lock and unlock your business remotely, eliminating the need for physical keys. Smart locks provide peace of mind, allowing you to ensure your business is secure from anywhere using the Boyd SMS app.

Protecting Businesses of All Sizes
Whether your business is just starting out or is well-established, a robust security system is essential. Retail businesses are particularly vulnerable to theft in today’s climate, making security more important than ever.

For more information on how to protect your business, contact Boyd & Associates today. Our team is ready to provide tailored security solutions to meet your unique needs.