In 2010 shrinkage in North America reached $42,000,000,000 (Billion)

Retail shrink average is between 1.5% and 3.5% in the United States

For Shrink averages in your state- Click Here

Retail Loss Prevention

eConnect assists retailers of all types in the reduction of shrinkage. The types of retail stores we service include, but are not limited to: Grocery, Convenience Stores, Big Box, Department & General Stores.

Retail and Big Box stores are very large targets for theft world-wide. There are individuals in the work place who have the sole purpose to steal from there employers. Some employees prefer to steal product, while some prefer to get access to cash transactions where they can exploit the POS system, business processes and surveillance shortcomings. POS Connect was developed to help eliminate all of these issues in a way that is cost effective, easy to use and maintain. POS Connect may be deployed in any store, interfaces to any POS System and will be integrated with the existing surveillance or eConnect provided surveillance. 

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Currently, employee theft accounts for 44% of all loss in the retail environment and 14% of those cases caught were found to have collusion with outsiders. It is a daunting task for retail security and surveillance teams to catch every aspect of theft that is happening in the store. POS Connect helps to streamline and automate the process of catching theft as it is happening and helps store operators speed up post-event investigations.