Solaren News

Tis the Season for Retail Security

With more people out shopping there will be more people out with an intent on theft and that’s where Solaren’s Retail Security comes in.
Tis the Season for Retail Security Company Nashville TN

News | Back to all news

Nov. 18, 2023 | by: Solaren Risk Management

With more people out shopping there will be more people out with an intent on theft and that’s where Solaren’s Retail Security comes in.

Despite the setback of the pandemic in 2020, holiday shopping at physical stores is still popular especially on Thanksgiving weekend. According to the National Retail Federation, this holiday season is expected to be very profitable for the economy. However, with more people out shopping there will be more people out intent on theft and that’s where Solaren Risk Management comes in.

According to the NRF, last year saw an immense spike in shoppers over Thanksgiving weekend from 179.8 million consumers in 2021 to 196.7 million in 2022 with more expected this season. According to a survey, 41% planned on starting shopping in October or earlier while 39% planned on November. Many online and physical location retailers have started earlier holiday sales because of this data, so we can expect this to be a busy season for retail. Along with busier sales and more locations providing incentives to shop, there will be more opportunities for shoplifting and organized theft that need a response from security.

Solaren Supports Tanger Outlet’s Grand Opening Weekend

The year of the pandemic obviously saw a drastic increase in online sales, but the drain on income that year caused a slowdown in sales the following year.

However, sales rose 5.4% in 2022 due to a buildup in savings that helped stave off rising inflation. NRF Chief Economist Jack Kleinhenz argues that the average household’s savings were not completely drained by the pandemic like previously suggested and will continue to help support spending this holiday season. The increase will most likely not be major, but there will be an increase in sales from last year that will help to promote this desire to go out and shop this upcoming Thanksgiving weekend.
Tis the Season for Retail Security Company Nashville TN

Shoplifting accounts for 21.3% of all larceny-theft cases in the United States over the past five years.

The average loss per incident as of 2022 was approximately $514.71 with 56% of small businesses suffering losses from shoplifting. What does this mean for the security industry? Well, more retail business both online and at physical locations means more opportunities for cybertheft and property theft. Solaren Risk Management has extensive experience in securing retail environments both large and small scale as we have covered entire mall outlets to individual stores with off-duty and retired law enforcement officers and professionally trained unarmed security. We are prepared to step up to the plate this holiday season to put our best foot forward in defending your property and people as we all try to enjoy the season of giving and gratitude.
Tis the Season for Retail Security Company Nashville TN
Solaren Supports Tanger Outlet’s Grand Opening Weekend

Do you want the best the security industry has to offer?

Reach out today at www.solarenrm.com/quote/ to get in touch with us! We’ll be sure to have a customizable plan made just the way you need it.

“We are safety aware because we care”

Sources:

Tags: Tis the Season for Retail Security, Nashville News, Solaren Risk Management

Solaren Risk Management Obtains Alarm Contractor Licensure

We recently hit a milestone in this long term goal of continuing to expand our Applied Technology division by obtaining our Alarm Contractor’s License.

Solaren Shows Presence in Downtown Nashville During National Night Out Against Crime

National Night Out Against Crime is a community-driven event where neighbors get to know each other and share concerns, strategies, and…

Solaren Presenting Sponsor for the 2022 Pearls & Pinstripes Gala

Solaren Supports the TN Coalition to End Domestic and Sexual Violence as a Presenting Sponsor for the 2022 Pearls & Pinstripes Gala.

Solaren Adopts Mission Statement & Values

Solaren Values: Professionalism, Accountability, Integrity, Diversity, & Commitment. Mission Statement: We are safety aware because we care.

Solaren Provides Security & Event Staff for Record Breaking 4th of July Event in Downtown Nashville

A record-breaking number of people packed Broadway Sunday night to watch one of the largest fireworks shows in the country and Solaren Risk Management played a pivotal role in the Safety and Security of Music City U.S.A.

Solaren Joined Festivities Across the State For St. Patrick’s Day

Solaren was happy to join in the festivities across the state this St. Patricks Day weekend.

Solaren Focusing on Rebuilding Community After Major Storms Sweep Through Middle TN

Early Tuesday morning, many Middle Tennesseans were awaken from their sleep by the sound of tornado sirens and the startling Severe Weather Alert blaring from their phones.

Tennessee Coalition to End Domestic & Sexual Violence Hosts First-Ever Virtual Pearls & Pinstripes Gala

The TN Coalition to End Domestic & Sexual Violence is hosting a virtual Pearls & Pinstripes Gala, Presented by Solaren Risk Management, LLP.

Solaren Promotes Allie Bedore to Security Field Operations Coordinator

Allie has been a part of the Solaren team for nearly 3 years coming over from Traffic Control to Security Field Operations Coordinator.

Announcing Tyler D. Haley Being Named Solaren’s New Chief Operating Officer

Haley currently is a member of the International Association of the Chiefs of Police and the Tennessee Association of the Chiefs of Police | Jack Byrd III, CEO Solaren

Solaren Risk Management is employed by top brands in the industry. These are just a few examples of some of our clients.

Solaren Risk Management was founded in early 2017 by two friends, Jack K. Byrd III and Curtis E. Dodson. We have proudly delivered unarmed and armed security services, off-duty police services, and investigation services for commercial and government clients. Our presence ensures the security of people, properties, and assets. Our Officers share an unwavering commitment to safeguard every post under our watch.

Solaren is a leading provider of Security & Police Personnel in the state of Tennessee & the Southeastern United States.

Contact Us

(615) 218-2842

1000 Pleasant Grove Pl.
Ste 300
Mt. Juliet, TN 37122