Tag: loss prevention strategy


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 retailers?   Read More


Start with a Good Cause: Loss Prevention Strategy Examples

Start with a Good Cause: Loss Prevention Strategy Examples

In today’s retail business environment, everyone is seeking a competitive advantage. It could be in technology, people, business practices, or newly developed programs. The best strategy in the world, however, becomes meaningless if it is not executed properly.

I have been fortunate to have a high degree of success at executing   Read More


ORC Survey and Security Lawsuit

Following are a few article summaries that can provide you with a small taste of the original content available to you every day through our daily digital offerings, which are offered free through LossPreventionMedia.com. In addition to our daily newsletter, a comprehensive library of original content is available to our   Read More


Closing a Retail Store: Loss Prevention’s Role

Closing a Retail Store: Loss Prevention’s Role

In recent years, senior loss prevention executives throughout retail have had to come to grips with a different type of promotional sale events—the all-too-frequent store-closing sale.

It is no longer a rarity that LP managers are called upon to design and implement shrink-control programs that protect inventories throughout the process of closing a retail store.   Read More


7-Eleven’s Loss Prevention Strategy Recognized in 2017 Retail Touchpoints’ Superstar Awards

7-Eleven’s Loss Prevention Strategy Recognized in 2017 Retail Touchpoints’ Superstar Awards

Retail Touchpoints’ sixth annual Store Operations Superstar Award winners have recently been announced—and one convenience store retailer is happy to hear the news. This year, 7-Eleven earned the gold medal for its loss prevention strategy.

According to the Superstar Awards report, “convenience store asset protection differs from other retail, especially at   Read More