Loss Prevention in Retail - Opportunities for the Security Industry

Business Wire, Sept 23, 2008

Frost & Sullivan to Host Analyst Briefing on Security in Retail Industry on Tuesday 30 September 2008 at 15.00 BST

LONDON -- Frost & Sullivan will host a free telephone and web briefing on Tuesday, 30 September 2008 at 15.00 BST, to provide industry participants with an overview of Security in Retail Industry.

Loss prevention has always remained a challenge to the retail industry. Retailers worldwide are expanding their global footprint but they are still unsuccessful in creating effective loss prevention techniques. This is mainly due to their low budget for security investments. Security vendors looking to capture the retail vertical market need to concentrate on providing complete end to end solutions for the retail industry.

This briefing is based upon ongoing Security in Retail Industry analysis. Highlights of the briefing include analysis of big box and small/independent retailers in different geographic regions, and the trends in video surveillance, access control, electronic article surveillance and intrusion detection systems used in the retail industry.

The briefing will benefit security equipment manufacturers, solutions providers in the video surveillance, access control, electronic article surveillance and intrusion detection markets by emphasizing on the opportunities available in the retail security market worldwide.

"Concern over effective loss prevention in the retail industry and the industry growth are expected to keep security investments from this market buoyant. However, there is increased competition from low end market due to the nature of the retail industry. Retailers in mature markets like Europe and America are moving into solutions based security whereas many emerging countries in Asia still look for low cost alternatives. Security vendors need to identify opportunities in the retail vertical by providing business solutions to enable retailers use their security investment effectively," observes Janaki Padmanabhan, Frost & Sullivan Research Analyst for Electronics & Security group.

To participate in the briefing, please e-mail Joanna Lewandowska at joanna.lewandowska@frost.com with the following information: your full name, company name, title, telephone number, e-mail address, city, state and country. Upon receipt of the above information, a registration link will be emailed to you. You may also register to receive a recorded version of the briefing at anytime by submitting the aforementioned contact details.

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