The Loss Prevention Research Council conducts more than 100 in-person interviews with active shoplifters each year. Much of what they say pertains to whether they see/get/fear a particular theft deterrent. Other comments and musings reveal unexpected thought patterns and rationales put forth by people who steal. What follows are direct Read More
Tag: loss prevention research council
We have new CCTV cameras, but now what? This is the type of question we often hear. For example, do we primarily want the CCTV devices to deter offenders, detect attempts, or document them for trial and planning, or some combination? This distinction is huge because each CCTV use objective Read More
Navigating the asset protection responsibilities at the world’s largest retailer requires patience, perspective, partnerships, and outstanding leadership. Mike Lamb, LPC, is the vice president of asset protection and safety at Walmart US. A seasoned industry leader, Lamb has served with some of the nation’s most prominent loss prevention programs. He Read More
Cops and robbers. Good guys and bad guys. The dichotomy in the loss prevention world seems simple enough: bad people doing illegal things and good people trying to stop them. While the complexities of what makes a person good or bad are too extensive to debate here, one commonly assumed Read More
Paul Jaeckle, LPC, has been named vice president of asset protection at Meijer. Jaeckle was formerly the senior director of asset protection strategy and operations at Walmart Stores US.
He began his asset protection career with Walmart as a temporary associate in 1997—as Christmas help.
“It was when Walmart rolled out the Read More
Regardless of what your company sells, where you sell it, or your total store count, you as a loss prevention or asset protection professional must win. Life safety, frightened customers and team members, dangerously low margins, and liability are some of your business risks. Violence, theft, fraud, and even poor Read More
More than 5 percent of holiday returns in 2017 are expected to be fraudulent, according to retailers. That would put the total loss to retailers from return fraud—for just the holiday season—at more than $2 billion. Fraud statistics for the year suggest that retailers will lose more than $9 billion Read More
Scott Ziter currently serves as the director of asset protection for Price Chopper, a supermarket chain based out of Schenectady, NY. He has been with the company since 2014. Ziter also serves as the chairman of the Food Marketing Institute’s asset protection council and on the board of advisors for Read More
As we march closer to 2020, a few common themes have emerged among the research questions that the Loss Prevention Research Council (LPRC) receives from its membership base. While much of our research seeks to provide insight on whether introducing a new loss prevention technology solution or policy to your Read More