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Retail loss prevention
Retail loss prevention is a set of practices employed by retail businesses to preserve profit. Profit preservation is any business enterprise action particularly built to lessen preventable losses. A preventable loss is any small business cost triggered by deliberate or inadvertent human actions, colloquially often called "shrink". Deliberate human actions that bring about loss to a retail business could be theft, fraud, vandalism, waste, abuse, or misconduct. Inadvertent human actions attributable to reduction are purely poorly executed organization processes, where employees fail to comply with current policies or procedures. Reduction prevention is mostly discovered in the retail sector but also might be located inside other business environments.

Considering that retail loss prevention is geared towards the elimination of preventable loss along with the bulk of preventable reduction in retail is caused by deliberate human exercise, standard approaches to retail loss prevention have already been by way of visible protection measures matched with technology this kind of as CCTV and Electronic Article Surveillance (EAS system). Most corporations take this regular approach by both having their particular in household loss prevention team or they use external security companies. Charles A. Sennewald and John H. Christman state "Four components are required to get a profitable reduction prevention plan: 1Maximum use of all obtainable assets, 2) A good worker attitude3) Total support from major management, 4) A program which establishes the two obligation and accountability for reduction prevention as a result of evaluations which have been consistent and progressive."