Analytics and retail: a match made for success. Yet the one mistake retailers make is investing in outdated, exception-based, long-form reporting tools. Prescriptive analytics is one solution that saves retailers valuable time and resources by picking up on irregular patterns. It’s no surprise that Gartner predicts the market will reach Read More
What is the role of retail loss prevention? What may seem to be a simple question has grown increasingly more complicated as various functions, philosophies, tasks, and responsibilities are debated by the LP community, those who we serve, those who support us in meeting our goals, and those outside the Read More
Understanding the role that LP certification plays in the evolution of the industry and the development of the loss prevention professional has been a topic of many discussions over the past several years, both in the corporate offices of retail giants across the globe and in the homes of industry Read More
The EU’s Offensive on Organized Crime Educates on the Dangers of Identity Theft, Tax Fraud, Counterfeiting
In 2015, the EU launched an educational offensive to explain the dangers of organized crime – what it is and how to tackle it – to millions of citizens.
Using a short film on its website – http://ec.europa.eu/dgs/home-affairs/what-we-do/policies/organized-crime-and-human-trafficking/index_en.htm – the EU highlights the fact that organized crime is a threat to Read More
We often talk about business continuity in practical, pragmatic terms. But it’s important to remember that when a crisis hits a company, no matter how well prepared that company is, emotions will run high.
A fire at a company location, a violent incident or a weather catastrophe that hits multiple stores Read More
The curriculum developed for the LPC certification is unmatched in the industry in my opinion; being intensely thorough from many perspectives. It’s a comprehensive look at loss prevention from all business areas; a very unique examination for any loss prevention professional. Read More
Petty thieves can be a problem, but they can usually be managed with a capable loss prevention team. However, when the criminals get more sophisticated, a special organized retail crime training program may be required before your team can meet the challenge.
In 2007, Limited Brands put forth a comprehensive training Read More
As loss prevention professionals, we are all familiar with the nuts and bolts of running an investigation for a concealed shortage, cash register shortage, or a robbery. We have become the subject-matter experts with regard to merchandise or cash losses as well as developing an expanded role in safety.
One area Read More
The following is Part 3 of a 3-part series on the history of interrogation provided by Wicklander-Zulawski and Associates.
We have undoubtedly taken some historical liberties with our discussions in the last two columns about the history of interrogation, so we continue the folly by predicting the future of it as Read More
A well conceived audit program will provide a snapshot of the strength of the operational foundation of the store or facility. Loss prevention audit elements should reflect the spectrum of topics under evaluation (whether storewide audits or those focused on specific disciplines) and assess the scope of performance across a Read More