A male shoplifting suspect has been coming into Store 153 three times a week for as long as anybody can remember. Store management has even attributed this guy as a major cause of the store’s shrink woes that have put them on the corporation’s “target store” list for the last Read More
Tag: lp industry
In the last edition of LP Magazine, we presented the findings from our first benchmark study, which focused on comparing practices and policies on managing shoplifting in retailing. This topic was chosen primarily because it had been discussed extensively at a recent practitioner meeting and was deemed a good starter Read More
By Jack Trlica
The loss prevention industry lost one its strongest leaders with the passing of Gary Manson on February 17 at MD Anderson Cancer Center in Houston, TX, at the age of 73. Manson retired in 2009 as vice president of loss prevention for Neiman Marcus, where he worked for 25 years. Read More
By Chris Trlica
We find ourselves living in a time when nearly every decision we make is recorded. Where we drive, what we buy–all this data is collected somewhere. We permit it in the vague hope that somebody on the other end is being responsible with our information.
The loss prevention industry is now Read More
Deep inside the data warehouses of companies across the world, there are billions of dollars trapped in the subtle variations between the binary 0s and 1s that make up fraud and loss prevention data. For the 2014 Retail Industry Leaders Association (RILA) asset protection conference, JCPenney approached the University of Read More
The International Association of Interviewers (IAI) teamed with General Dynamics for their annual recognition of remarkable women in loss prevention. Kris Vece, director of client relations for Protos Security, is one of the 2017 honorees.
As you reflect upon your career, to what do you attribute your high level of success?
When Read More
According to the National Retail Federation’s (NRF) 2016 Organized Retail Crime Survey, all responding retailers said that they believe their companies to have been the victim of organized retail crime (ORC) activity within the past year. Eighty-three percent of those respondents believe that ORC activity has increased in the past Read More
By Chris Trlica
Just as the word “e-commerce” has come to refer to a menagerie of different specialized markets, so e-commerce credit card fraud comes in many different guises. And as the great pace of retail evolution dictates that retailers’ transaction processes are constantly changing, so the frauds change with them.
In a bid Read More
Tamara Murray, LPC, is a regional asset protection director for Walmart. She assumed this role in 2015 after spending nine years in store- and market-level AP roles for the company. Murray currently oversees 100 stores and is responsible for shrink, security, and safety-related operations. She also regularly assists in providing Read More
While the annual shrinkage surveys covering retail loss prevention go some way in offering an oversight as to how the industry is thinking about a range of issues, they rarely delve into much detail around specific topics. The purpose of this series of benchmarking surveys is to provide the LP Read More