Sysrepublic: Preventing Shrink For U.S. Retailers


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Tue. November 22nd, 2011

British Company Sysrepublic just announced its expansion into US markets with three new major American clients and a new Los Angeles location. Safeway, WinCo, and Wegman’s retailers have all recently implemented Sysrepublic’s Secure loss prevention software solution, which will enable them to better recognize employee theft and decrease resultant Shrink. A recent University of Florida Retail Security Survey showed that retailers rate employee theft as the single most significant source of product shrink. The result is increased demand for POS services. Nathan Smith, Sysrepublic CEO, North America stated “With Secure, retailers have the ability to get the upper hand on thieves. Loss prevention personnel can be proactive in monitoring and investigating POS transactions, resulting in less time needed to close more cases and maximizing return on investment.”<hr class="legacyRuler"><hr class="invisible minimal-padding">