Last month, the first book on analytics for loss prevention was released, Essentials of Modeling and Analytics: Retail Risk Management and Asset Protection. The book explores the relationship between criminology theory, analytics and loss prevention. In a series of articles for LP Magazine, the authors will highlight a few thought-provoking Read More
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Well-known risk management and loss prevention executives, Maurice Edwards and Walter Palmer, have joined Steinhoff Risk Solutions (SRS) to launch the company’s North American operations. SRS is a leading international provider of specialized insurance and risk solutions. Their expanded model of enterprise risk offerings bridges the gaps between risk financing, Read More
Do your physical stores have a system in place to collect accurate traffic data? Are you using that information and applying those insights to optimize your conversion rates? If you think this responsibility lies outside the realm of loss prevention, you may want to reconsider: many of the systems that Read More
State retail associations offer a valuable resource for retailers across the nation and can prove to be an important advocate. With rosters that include all types of retailers and other retail partners, state retail associations are organized to improve and advance the retail industry through close cooperation and mutual assistance, Read More
On November 11, American celebrate Veterans Day. The federal holiday honors the brave men and women of the armed forces who risk their lives to protect our freedom. They include members of the US Army, Navy, Marine Corps, National Guard, Air Force, and the Coast Guard.
There is often confusion between Read More
By Steve Frame
What is money laundering? Most people will describe it as:
Turning dirty money into clean money.
Turning money from the illegitimate economy into money from the legitimate economy.
Washing drug money.
Disguising criminal money.
From the definitions above, most people would not be far off the mark, except that the definitions Read More
Are malls going out of fashion? The number of vacant units in your local shopping center might indicate that this is the case. Retailers must change to keep up with consumer trends.
Aggregating several dozen stores in one place and adding a cinema and a food court just isn’t going to Read More
The number of organized retail crime associations (ORCAs) has grown steadily in recent years, with a primary emphasis on assisting law enforcement, retail investigators, and prosecutors with the identification, investigation, and prosecution of those involved in organized retail crime.
In response to the scope and severity of organized retail crime concerns Read More
Formerly vice president of global marketing for Checkpoint, Carlos Perez, recently joined U.S. Security Associates, a fast-growing $1.5 billion privately held security provider headquartered in Roswell, GA, to head their marketing team. As a member of their commercial leadership team, Perez is in charge of building brand awareness, conversion to Read More
In 2017, Adrian Beck, professor in the criminology department at the University of Leicester, published a piece in Security Journal outlining a new conceptual typology regarding loss. Beck argues that “shrink” is an antiquated term that lacks a clear definition in the retail industry. [Editor’s Note: Beck published a piece Read More