Tag: definition of shrinkage
Total Retail Loss 2.0: Moving Beyond the Theory
Since its introduction in 2016, the Total Retail Loss concept has received critical acclaim across the globe, stimulated debate about what constitutes retail “loss,” and discussion about what the future role of the LP function might be. New research addressed how it has been implemented, its effectiveness, and what changes to the theory are required.
Strengthen Your Security against Today’s Cyber Attacks on Retailers
It’s impossible to remove people from the risk equation, and security awareness campaigns have an important role to play in preventing cyber attacks on retailers.
The Hacktivist Threat in 2017
If not before, when the President of the United States lobbed Twitter attacks against Nordstrom for merchandising decisions related to his daughter’s fashion line,...
LP Insider’s Top Five Data Protection Articles of 2016
2016 Data Breach Statistics: By the Numbers
Recent trends show a continuing rise in data security incidents
Data breach statistics have continued to climb at an...
Fifteen Years of Loss Prevention, Part 2
Welcome to the second of three installments covering the first fifteen years of Loss Prevention magazine. I hope you enjoyed the first part in...
Redefining Inventory Shrinkage—Four New Buckets of Loss
What does inventory shrinkage mean to you?
For most companies, the answer to this question would be obvious: a significant problem, and usually something that...
LPM Annual Meeting Set for Late September in Fort Myers, Florida
Over 100 of the industry’s top retail and solution provider executives will meet at the Sanibel Harbour Marriott Resort September 27 – 29 in...
Analytics
Without consciously realizing it, and certainly without having made a conscious decision to pursue it, we as a society find ourselves living in a...
2014 Retail Data Breaches
2014 Retail Data Breaches
2014 was a year where data breaches dominated retail news and changed the corporate landscape of many retail organizations. The phrase,...