Tag: lp magazine


Steinhoff Risk Solutions Acquires PCG Solutions as Part of Its Risk Management Services Expansion

Steinhoff Risk Solutions Acquires PCG Solutions as Part of Its Risk Management Services Expansion

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


State Retail Associations: The Complete List

State Retail Associations: The Complete List

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


Money Laundering Explained—for Retailers

Money Laundering Explained—for Retailers

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


Organized Retail Crime Associations: The Complete List

Organized Retail Crime Associations: The Complete List

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


Wrestling with Total Loss

Wrestling with Total Loss

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