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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.
- ^ {{cite b k| author1=Charles A. Sennewald| author2=John H. Christman| title=Retail Crime, Security, and Loss Prevention: An Encyclopedic Reference| url=https://books.google.com/books?id=y_KyHUtfYIEC%7C year=2008| publisher=Butterworth-Heinemann| isbn=978-0-12-370529-7}}
- ^ Alan Greggo and Millie Kresevic, Retail Security and Loss Prevention Solutions (2011), Taylor & Francis, pp. 228