Everyone loves to discover new or exclusive products at great prices, particularly when traveling on holiday. The passport to vacation nirvana often begins with the spectacular tax- and duty-free airside emporiums at some of Europe’s biggest airports where products are tax-free for passengers traveling within the EU and duty-free for Read More
Tag: lp magazine
How do the women of loss prevention truly perceive their role in the industry?
Loss prevention is a profession blessed with many talented individuals, standing together with exceptional skills, energy, and passion for the business. Among our greatest leaders are the many remarkable women of loss prevention. Those who stand tall Read More
According to the 2016 National Retail Security Survey, US businesses lost around $45.2 billion in 2015 to retail theft, more than 1.38 percent of overall sales, making retail theft one of the leading issues facing retailers today.
Shoplifting and ORC Fraud Rings
According to the National Association of Shoplifting Prevention (2006), more Read More
LP Magazine’s columnist Tom Meehan, CFI, shares his top five predictions for cyber risks retailers can expect in 2018:
1. Ransomware attacks will increase in 2018 and will become more sophisticated. Ransomware has been more prevalent in the past two years. In the first quarter of 2017 alone, these attacks have Read More
Cyber security isn’t just a concept that exists in the ether. It’s a very human concern: according to Tom Meehan, CFI, in his recent column for LP Magazine, more than half of data breaches and cyber security concerns are a result of human error or social engineering.
But what is social Read More
Vendors Dismayed at Amazon’s Changes to Return Policy
By Bill Turner, LPC
Most people believe that shopping online is easy and convenient. But most also agree that the one of the biggest issues in online shopping is the inability to touch and feel the product. As a result, items “not as expected” Read More
Inventory Control Job Description and Responsibilities
Functions included in an inventory control job description can vary based upon the work environment.
By Kelsey Seidler
What does a typical inventory control job description entail? Whether the specific title is inventory control clerk, specialist, manager, or coordinator, this vital position is usually responsible for ensuring Read More
Loss Prevention Industry Leader Gary Manson Remembered by Colleagues
Retired Neiman Marcus executive dies at age 73.
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 Read More
By Adrian Beck
Risk amplification is but one part of the jigsaw puzzle that must be put together to control losses in retail stores. Making would-be offenders feel that there is an elevated risk of being caught is an important piece of the jigsaw, and a 2016 report from the ECR Community’s Shrinkage Read More