Tag: loss prevention business


The 11 Habits of Low-Inventory Shrink Retailers

The 11 Habits of Low-Inventory Shrink Retailers

In his bestselling book, The 7 Habits of Highly Effective People, Stephen Covey presented a holistic, principle-based approach for solving personal and professional problems. This got the ECR team thinking, what if for “highly effective people,” we read “low-inventory shrink retailers”? What then would be the habits of low- shrink   Read More


Defining Our Loss Prevention Industry: A Business Topography

Defining Our Loss Prevention Industry: A Business Topography

“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


The Continuing Evolution of LP in the Grocery Industry

The Continuing Evolution of LP in the Grocery Industry

EDITOR’S NOTE: Kathleen Smith, CFI, is vice president of loss prevention for Safeway where she is responsible for security and loss prevention for over 1,800 stores in the U.S.and Canada, thirty-three manufacturing facilities, twenty warehouse facilities, and buying offices worldwide.
With over thirty years of security management and law enforcement experience,   Read More