Employees of TJ Maxx and Marshalls will probably be given body cameras in an try and curb the record-breaking thefts that many US retailers are battling.
TJX Firms, whose holdings also include Sierra and Home Estate, began experimenting with the body cameras at several store locations this yr to “de-escalate incidents, deter crime and reveal to our associates and customers that we take safety in our stores seriously,” a spokesperson for the parent company told FOX Business.
The cameras are worn by loss prevention officers who’re trained on learn how to use the devices. The footage will only be shared with law enforcement upon request or in response to a subpoena, in accordance with the corporate.
The corporate hopes that when people know they’re being filmed, they will probably be dissuaded from stealing, Chief Financial Officer John Klinger told analysts during a May earnings call.
The retailer is specializing in “shrink” — an industry term for lost or stolen merchandise, in accordance with Fox Business.
TJ Maxx’s parent company, TJX Firms, may have employees wear body cameras. Christopher Sadowski
The corporate hopes the body cameras will limit thefts at its stores. Christopher Sadowski
While TJX expects shrink to stay flat year-to-year, Klinger said it still has a “high give attention to ensuring that we balance protecting the products with ensuring that the shoppers can shop easily and get — and find a way to purchase the products while also maintaining safety in our stores.”
Company executives hope the cameras will thwart rampant retail theft plaguing businesses across the country, which accounted for $112.1 billion in losses in 2022, in accordance with the National Retail Federation.
Firms like Goal and Dollar General have announced plans this yr to limit or remove self-checkout at their store locations to combat thieves.