Tag: inventory shrinkage


Shoplifting Methods and Designing Out Crime

Shoplifting Methods and Designing Out Crime

Booster bags, or so-called “magic bags,” continue to be one of the more popular shoplifting methods used by professional thieves. These foil-lined carriers work because the lining prevents the alarms actually connecting with the tag when passing through scanners. Despite penalties imposed on thieves for going equipped with these bags,   Read More


ORC Survey and Security Lawsuit

Following are a few article summaries that can provide you with a small taste of the original content available to you every day through our daily digital offerings, which are offered free through LossPreventionMedia.com. In addition to our daily newsletter, a comprehensive library of original content is available to our   Read More


Restaurant Theft: The 5 Most Common Methods

Restaurant Theft: The 5 Most Common Methods

Restaurant employees can hurt profitability in a variety of different ways. Rarely is restaurant theft as simple as taking money from the cash register. Given that restaurants operate on incredibly narrow margins, it is important to identify and reduce the opportunities for employee theft. Here are five common ways in which   Read More


How to Define Loss Prevention

How to Define Loss Prevention

“So, what do you do?”

This is common question that for some loss prevention professionals presents a perplexing set of thoughts. “How do I adequately satisfy the inquirer’s request, without overcomplicating the dialogue?”

At a retail event, the response “loss prevention” is sufficient, or maybe “asset protection,” depending on the retailer. At   Read More


What to Do about OOS in Retail

What to Do about OOS in Retail

In the mature and highly competitive retail sector, ensuring that the right product is on the right shelf at the right time is critical. Yet the problem of shelf out-of-stocks (OOS) remains as stubborn as ever. Could the loss prevention team be the key to unlocking this new sales opportunity?

This   Read More