Tag: loss prevention department


Case Study: The Rent-A-Center Loss Prevention Challenge

Case Study: The Rent-A-Center Loss Prevention Challenge

Joe, a would-be thief, couldn’t believe his luck. Here was a store willing to hand him a brand-new, state-of-the-art smartphone with no credit check and a few dollars down. And just two doors away was another retail store—this one advertising that it paid top dollar for smartphones.

The criminal wheels in   Read More


Collecting Shrinkage Goals and Sport Memorabilia

Collecting Shrinkage Goals and Sport Memorabilia

EDITOR’S NOTE: Scott Myers is vice president of asset protection for Hibbett Sports. For much of his 22 years with the company, he held the dual role of vice president of human resources and asset protection. Prior to Hibbett, Myers held multiple LP positions with Parisian.

EDITOR: How did you get   Read More


Lessons Learned to Help You Tackle a Loss Prevention Manual

Lessons Learned to Help You Tackle a Loss Prevention Manual

Writing a loss prevention manual—or rehabilitating a long-forgotten one—is no easy task. But trying to operate without a robust guiding document can also be complicated.

Consider the experience of one executive who, upon arrival at his new post, found that the last department manual had been written on a typewriter. Soon   Read More


Can a Retail Buyer Help Reduce Shrink?

Can a Retail Buyer Help Reduce Shrink?

While the perception of shrinkage among the loss prevention industry has evolved from thinking about loss strictly in terms of theft to the consideration of all causes of inventory discrepancy, this change in approach hasn’t necessarily diffused into all of the other teams in a retail organization. Retail buyers are   Read More


What Does a Loss Prevention Associate Do?

What Does a Loss Prevention Associate Do?

Loss prevention—also known as asset protection—is an ever-broadening, ever-growing field that has a lot to offer an entry-level job seeker. According to the Loss Prevention Foundation, the industry’s “wide spectrum of career options and tremendous potential for professional growth” make the job a rare find in today’s labor market. And   Read More