What term refers to devices and methods used to manage and reduce theft in retail settings?

The term that accurately refers to devices and methods used to manage and reduce theft in retail settings is "Security Solutions." This encompasses a wide range of strategies and technologies designed specifically for the task of safeguarding inventory and ensuring the safety of both customers and employees in a retail environment.

Security solutions can include physical devices such as electronic article surveillance (EAS) tags, surveillance cameras, and alarm systems, as well as procedures like employee training on theft prevention and store layout design to reduce shoplifting opportunities. Such solutions are tailored to address the various tactics that thieves may employ and work to create an environment that deters theft.

While anti-theft methods and preventive measures can describe specific strategies or actions taken to reduce theft, "Security Solutions" encapsulates the broader category that includes both the technology and the methodologies employed in retail loss prevention. Risk management, on the other hand, pertains more to the overall process of identifying and mitigating potential losses in various aspects of business operations, not specifically focused on theft prevention within retail settings.