Retail chains have established various measures to deter and prevent theft, as such crimes are unfortunately not uncommon in big stores. You might be interested in Home Depot’s shoplifting policy as it is one of the world’s most well-known home improvement retail outlets. Let us know about “Home Depot Shoplifting Policy”
Read on to gain insight!
Shoplifting is not tolerated under any circumstances at Home Depot. Therefore, Shoplifters will be arrested by Home Depot security personnel and handed over to law enforcement for prosecution according to Home Depot’s policy and existing local law. In addition to using security personnel and surveillance equipment, Home Depot also takes other measures to avoid theft.
Home Depot’s Loss Prevention Framework
For the sake of securing its inventory and preventing theft, Home Depot uses a variety of loss prevention strategies. For instance, loss prevention experts keep an eye on the store to ensure no theft happens and address any problems resulting from theft.
Another theft prevention method that Home Depot is testing involves a passive power device unless triggered by a cashier.
Using this kind of point-of-sale activation, Home Depot may implement new loss prevention measures without upsetting its regular consumers.
After evaluating the effectiveness of this novel loss prevention method, Home Depot plans to roll out these electric tools to all of its stores.
Home Depot’s In-Store Security Apparatus
As part of its loss prevention strategy, Home Depot constantly checks and monitors its in-store surveillance footage. Checkouts, parking lots, shop aisles, and other operational areas are all under constant surveillance by Home Depot’s cameras.
To ensure the safety of its 300,000 employees, reduce losses, and put the resulting data to good use in enhancing customers’ in-store experiences, Home Depot has spent $250 million on store renovations and upgrades.
Verint, a company, engaged by Home Depot, enables loss prevention supervisors at Home Depot locations to assess CCTV footage both in-store and remotely.
Therefore, Home Depot can better secure its assets from theft and other illegal activities thanks to security cameras, which it can then turn over to police authorities.
Home Depot Security Tag
To prevent theft, Home Depot, in addition to CCTV cameras, uses security boxes, tags, and spider wraps to safeguard its products.
These are attached to its products to notify security personnel of attempted theft.
Home Depot’s Facial Recognition Policy
Home Depot invests heavily in loss prevention tools like security cameras, but the company does not utilize facial recognition technology.
According to Axios, Home Depot is helping to fund Fight for the Future. Still, it opposes using face recognition to safeguard customers.
Home Depot’s In-House Security Outfit
Home Depot makes additional efforts to safeguard its shops, including using security guards.
Asset Protection experts are the official title for Home Depot’s security staff, whose responsibilities include keeping an eye on surveillance footage and coordinating with law police.
Home Depot policy states that security guards may observe customers and employees and go through the store to enforce anti-theft measures, but they may not physically knap shoplifters.
Staff members at Home Depot are not permitted to arrest shoplifters since doing so may harm them.
Home Depot has a zero-tolerance policy for employees apprehending shoplifters.
Duties Of Asset Specialists At Home Depot
Home Depot employs an asset security specialist to reduce the likelihood of shoplifting.
The asset protection specialist at Home Depot is responsible for detecting theft, checking security cameras’ status, and ensuring Electronic Article Surveillance is operational, among other things.
Specialists at Home Depot are instructed to follow the same policy as the rest of the company’s workers and not put themselves in harm’s way to catch shoplifters.
Asset protection experts at Home Depot must report any unsafe conditions to a manager or supervisor per the company’s shoplifting policy.
Prosecution Of Shoplifter At Home Depot
Shoplifters caught at a Home Depot store will face criminal charges.
Shoplifters will be held by Home Depot security until the police come. Then they will be turned over to the authorities.
The attempted theft accusation at Home Depot can range from a misdemeanor to a felony, depending on the amount of the stolen merchandise.
It’s considered a misdemeanor of the second degree to steal an item worth less than $100 from Home Depot, but it is a crime to steal an item worth more than $300.
Remember that the criminal procedures for stealing at Home Depot may differ based on your state or area.
Conclusion
Now we have learnt “Home Depot Shoplifting Policy”, Shoplifting as a form of retail theft is strongly discouraged at Home Depot through several measures. Home Depot wants to deter shoplifting since it can result in high costs for the company.
Loss protection measures employed by Home Depot include surveillance cameras and armed guards. Workers at Home Depot are warned from pursuing shoplifters out of concern for their own safety.
Theft from Home Depot will certainly result in legal action. If you are caught shoplifting from Home Depot, you might face jail time and a criminal record. Video footage and the word of Home Depot security officers will be used against you if they catch you.
FAQs
Do Shoplifters Get Ban from All Home Depot Stores?
Several sources claim that you will be permanently banned from Home Depot if you are found shoplifting there.
However, unless it’s for a serious crime like armed robbery, you probably won’t be barred from any Home Depot locations.
What is Home Depot’s Estimated Loss to Shoplifting?
To safeguard its finances, Home Depot has not disclosed the total amount it loses annually due to theft.
For all of Home Depot’s $108 billion in annual revenue, CNBC estimates that stealing and related retail crime costs the company $81 million.