External and Internal Theft
For this study:

  • Floor & Decor Revenue: $4.4B
  • Accepted NRF Shrinkage/Loss/Theft Rate: 1.4 to 1.6%
  • Floor & Decor Loss Rate used for this study: 0.5%*
  • Annual Loss for Floor & Décor: $22.1M

** Accepted loss reduction rate after implementing Physical Security Cameras & Software:  20-50%

Meraki Cameras with Analytiks AI capabilities has a unique capability to correlates camera data with POS systems in real-time to identify and mitigate fraudulent transactions effectively.

With this advanced AI capability, the reduction in external theft & shoplifting is set to: 50%

Reduction in employee theft is left at the lower conservative estimate of:  20%

Total Annual Loss Reduction:                         $5,252,660

7 year Loss Reduction:                                   $36,768,620

 Annual Reduction of Loss by Implementing the Floor & Decor Smart Store Solution

Floor & Decor Annual Loss (External and Internal) % of Loss Total
1.External theft, including shoplifting and organized retail crime 36% 7,945,200
2.Employee theft 29% 6,400,300
Reduction of External theft, shoplifting** 50% 3,972,600
Reduction in employee theft** 20% 1,280,060

Picture 1: Floor & Decor can receive real-time notifications of any unusual activities or security breaches, allowing immediate action 

Picture 2: Meraki Cameras with Analytiks AI capabilities has a unique capability to correlates camera data with POS systems in real-time to identify and mitigate fraudulent transactions effectively

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