Professional advancement and building a successful loss prevention career can mean many things to many different people. For some individuals, it may mean reaching a top leadership position at a particular company, perhaps serving as a director or vice president of loss prevention/asset protection. For others, it may involve gaining Read More
Tag: asset protection team
Rent-A-Center’s asset protection department continues to expand and evolve, supporting the development and growth of its team members with four new promotions and one recent appointment to the asset protection team.
“Our asset protection team continues to evolve as we align our strategies with the organizations,” says Jim Carr, senior director Read More
Once the symbol of American retail strength that was exported across the globe, the mall is seeing a hazy future. As people shop more online and want something different from their downtime, the mall has become a destination that is approached as a last resort rather than a first choice.
There Read More
To really consider yourself a professional and a craftsman at any skill, practice is a must. We benefit from practice by applying knowledge through interaction, connecting with the material on a deeper level and learning from the experience. This concept is no less true when it comes to interview and Read More
A September 2015 survey of retailers about the current and future usage of video in their stores revealed some major frustrations and challenges. Although a detailed description of survey results can be found in “The State of Video,” the crucial findings can be distilled down to three key takeaways:
The Read More
By Chris Trlica
While the perception of shrinkage among the loss prevention industry has evolved from thinking about loss strictly in terms of theft to the consideration of all causes of inventory discrepancy, this change in approach hasn’t necessarily diffused into all of the other teams in a retail organization. Retail buyers are Read More
By Mike Limauro
New retail technology has evolved exponentially over the past few decades, especially when it comes to analytics. Originally, descriptive analytics was the primary investigative tool used across our industry. These solutions provided only a snapshot of information about past events, often in the form of reports. When the reports were opened, Read More
Joe, a would-be thief, couldn’t believe his luck. Here was a store willing to hand him a brand new state-of-the-art smartphone with no credit check and a few dollars down. And just two doors away was another retail store—this one advertising that it paid top dollar for smartphones.
The criminal wheels Read More
Few things are as frustrating for a loss prevention leader than discovering a bad packaging design they know will promote retail shrink, which could so easily have been prevented if those who created and approved the packaging had included shrink reduction in the initial design criteria. For example, in a Read More
Addressing disruptive customer behavior and de-escalation training efforts has become a topic of great interest to retailers across the globe amidst growing concern over the challenges and opportunities for safety in retail stores. The subject was discussed in great detail at the September 2016 Loss Prevention Foundation’s (LPF) board of Read More