Tag: loss prevention professional


What Is a Loss Prevention Manager?

What Is a Loss Prevention Manager?

What is a loss prevention manager? What might appear to be a fairly simple question now requires a much more complicated answer in a new age of retail where roles and responsibilities are changing on a consistent basis.

To the average consumer, a loss prevention manager might be perceived as a   Read More


Retailers’ Response to Hurricanes Harvey and Irma

As I write this column, Hurricane Irma is bearing down on Florida just two weeks after Hurricane Harvey devastated southeast Texas and southwest Louisiana. Both storms have exacted extreme damage termed “unprecedented,” “800-year event,” “largest ever in the Atlantic,” and other superlatives that seem to have become the new normal.

At   Read More


Top Apps for Loss Prevention Professionals

Top Apps for Loss Prevention Professionals

Back-to-school season marks a fresh start for everyone, even the loss prevention professional. The influx of composition notebooks, day planners, and freshly sharpened pencils in store displays has everyone thinking about getting a little more organized. This is where your smartphone comes in.

A slew of mobile apps are making the   Read More


Controlling Retail Shrink in Stores with No Loss Prevention

Controlling Retail Shrink in Stores with No Loss Prevention

A question frequently asked by retail customers—and even some loss prevention professionals just getting started in their careers—involves many of the smaller stores where they shop, and how shoplifting and other retail shrink concerns are managed in retail stores with no loss prevention team.

First, few retail companies actually attempt to   Read More


The ABCs of Theft Investigations

The ABCs of Theft Investigations

Few core competencies are as important to senior loss prevention executives as a proficiency in theft investigations. Whether it is knowing when to initiate an investigation, how to proceed with an investigation, or what to do with the investigative findings, most retail companies look to their senior LP executive for expert guidance.

Obviously, developing a proficiency   Read More


Friendly Associates Function as Theft Deterrents

Friendly Associates Function as Theft Deterrents

Retail is a business, and businesses are in business to make money and enhance profits. But profit enhancement is a multifaceted concept. We build our profit base not only through our ability to sell products, but also by learning the best ways to approach shrink reduction in retail stores.

Historically, the   Read More


Ethical Standards in the Workplace

Ethical Standards in the Workplace

Maintaining high ethical standards in the workplace is at the heart of any reputable business and any successful loss prevention program. We tend to do business with those we trust and respect, and we tend to receive business from those who trust and respect our company. Those standards are at   Read More