Over the last twenty years, the retail industry has been in a constant uphill battle to remain profitable. From online resellers to social media, it is now easier than ever to make purchases without leaving your own Facebook app. Online resellers that used to be limited to eBay and Craigslist Read More
Tag: loss prevention survey
The National Retail Federation’s 2017 Loss Prevention Survey reported, for the first time ever, 100 percent of companies participating in the survey reported being a victim of organized retail crime. Retailers reported major losses in products with high resell values. The emergence over the last ten years of e-commerce, social Read More
We have the responsibility to be there for our troops—whenever and wherever they go—to ensure they are provided with the goods and services they need to sustain their morale and fighting spirit. To that end, the AAFES loss prevention division includes headquarters and field operational staff of about 800 LP 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