Preliminary analysis of how LP teams are using data analytics suggests it is being used in at least three ways, based on the type of analysis being performed, the frequency with which it is done, and the type of employees using it. Read More
With the growth of online shopping comes security issues in e-commerce that LP professionals need to understand. Read More
Today, analytics is one of the most vital tools to statistically identify the key factors which highly correlate with loss due to shrink. Collecting data from various sources gives retailers a more holistic perspective of their store activity. Read More
After a few months of preliminary networking, the Loss Prevention Furniture Alliance (LPFA) was officially launched in December 2017. Read More
By Greg Sparrow
Since its inception in 2016, the GDPR has raised a number of questions as to whether or not businesses are properly prepared to comply. With less than a month until the enforcement date, it has been reported that an estimated 61 percent of US businesses are not ready for the Read More
Loss prevention must provide effective oversight in order to keep these operations effective and productive. Here are a few things to consider when building an effective relationship with the third-party logistics provider. Read More
When I was growing up in retail, the word was that “department stores are dying. That was in the early 1980s. Then came the resurgence of Macy’s. Dead? Not so fast.
OK, it’s true that in 2018, traditional department stores may now be an endangered species, but it took forty years.
Over Read More
Lance Williams has been named vice president of loss prevention at North Carolina-based Variety Wholesalers, Inc. Williams was most recently chief operations officer with Bee Haven Trading, LLC, an e-commerce company specializing in closeout and liquidation sales.
Williams also previously served as vice president of loss prevention for Big Lots Stores Read More