Senior loss prevention executives throughout retail are coming to grips with a new entry into the field of promotional sale events—the all-too-frequent store-closing sale.
It is no longer a rarity that LP managers are called upon to design and implement shrink-control programs that protect inventories throughout the process of closing a retail store. Often, a Read More
A male shoplifting suspect has been coming into Store 153 three times a week for as long as anybody can remember. Store management has even attributed this guy as a major cause of the store’s shrink woes that have put them on the corporation’s “target store” list for the last Read More
EDITOR’S NOTE: David Shugan, CFI, is the senior director of loss prevention for Carter’s based in Atlanta. Prior to taking over the leadership role at Carter’s, he was manager of investigations at Cracker Barrel Old Country Store. Before that, he held LP management positions with Pacific Sunwear and Chernin’s Shoes. Read More
EDITOR’S NOTE: Robert “Bob” Oberosler is group vice president of loss prevention for Rite Aid, one of the nation’s leading drug store chains with more than 4,500 stores and over $25 billion in annual sales. He has 30-plus years of varied retail loss prevention strategy and operations leadership experience with Read More
In the not-so-distant past, the primary responsibility of loss prevention personnel was to deter theft and control shrink. Many of us started our careers with the important but unpopular job of investigating internal fraud as well as identifying and detaining shoplifters in stores. Although important to the operation of a Read More
By Jim Taylor
In the summer of 1969, Dan Evins came up with his old country store idea while driving his family down to the Atlanta (Georgia) Zoo. The drive from middle Tennessee usually took five hours, and Evins had some time to think…at least until the kids started repeating, “Are we there yet?” As a Shell Read More
