We always want to win, not just execute. In fact, we must win. When LP loses, life safety, brand image, and financial performance are all at risk. At the Loss Prevention Research Council (LPRC) and University of Florida (UF), that’s our mandate, to support LP/AP success through process and people Read More
Tag: loss prevention specialists
Following is an example of a successful partnership between retail loss prevention and local law enforcement that resulted in the dismantling of an organized retail crime (ORC) operation in one Florida county. While the details are specific to this particular 2011 investigation, what is important to the LP industry is Read More
Retail loss is a serious issue, amounting to a loss of billions of dollars every year. Visit BrickHouse Security at Booth 1250 to learn more about dramatically reducing shrinkage with our custom retail loss prevention solutions. Read More
The National Shooting Sports Foundation® (NSSF®), the trade association for the firearms industry, is pleased to announce that it is now offering a day-long security consultation program for its members. Spearheaded by Bill Napier, a member of NSSF’s FFL Security Consultant Team and an expert on security issues affecting the Read More
Read Hayes, Ph.D., CPP, is the director of the Loss Prevention Research Council (LPRC) and coordinator of the Loss Prevention Research Team at the University of Florida in Gainesville. Hayes started his LP career with Robinsons of Florida before joining J. Byron’s, which later became Ross Stores. He left his LP Read More
EDITOR’S NOTE: Dennis Klein is vice president of loss prevention for Abercrombie & Fitch where he is responsible for asset protection and safety throughout the 1,046-store specialty apparel chain. His career spans more than twenty years working for such retailers as KB Toys, Lord & Taylor, Federated Department Stores, and Old Navy. Klein is a frequent presenter at industry conferences and was Read More
There is arguably no area more susceptible to fraud than procurement. Why? The answer revolves around a disconnect between how organizations view internal buyers of their goods, versus how the marketplace views those same individuals.
If your organization is like most, buyers are valued employees, typically in line- or middle-management positions. However, the sesame Read More
Since its inception in 1993, the Lowe’s Companies loss prevention and safety department has tailored its programs to identify and respond to losses that can be directly attributed to employees. The LP department believes that 80 percent of all losses can be attributed to employees. Forty percent of those losses Read More
By James Lee
EDITOR’S NOTE: Dan Faketty is vice president of loss prevention at Harris Teeter, an upscale grocery chain with 143 stores operating in six southeastern states. Harris Teeter is based in Matthews, NC, a suburb of Charlotte.
Faketty came to Harris Teeter in 1999 from Kmart, where he was director of loss control Read More