Tag: lp magazine


15 Best Practices for Inventory Loss Prevention

15 Best Practices for Inventory Loss Prevention

In April 2014, the ECR Europe Shrink and On-shelf Availability Group received a special award from ECR Europe to celebrate 15 years of the group and the delivery of an estimated €1.5 billion (~ $1.6 billion) in savings for the industry.

As Sir Terry Leahy, former CEO of Tesco, once said   Read More


Making the Most of Loss Prevention Technology

Making the Most of Loss Prevention Technology

More than ever, it seems that those in loss prevention are being faced with a plethora of new loss prevention technology solutions. In fact, at a recent loss prevention conference organized by the Retail Industry Leaders Association (RILA), over 37 different technologies were being promoted, including global positioning systems (GPS),   Read More


The 11 Habits of Low-Inventory Shrink Retailers

The 11 Habits of Low-Inventory Shrink Retailers

In his bestselling book, The 7 Habits of Highly Effective People, Stephen Covey presented a holistic, principle-based approach for solving personal and professional problems. This got the ECR team thinking, what if for “highly effective people,” we read “low-inventory shrink retailers”? What then would be the habits of low- shrink   Read More


A Straightforward Data Protection Definition

A Straightforward Data Protection Definition

In the digital technology era, information protection has become a top priority across all industries. The retail industry is no exception. The collection and use of data is now an integral part of day-to-day business practices and processes in the retail world – but what does data protection really entail?   Read More


Shoplifting Methods and Designing Out Crime

Shoplifting Methods and Designing Out Crime

Booster bags, or so-called “magic bags,” continue to be one of the more popular shoplifting methods used by professional thieves. These foil-lined carriers work because the lining prevents the alarms actually connecting with the tag when passing through scanners. Despite penalties imposed on thieves for going equipped with these bags,   Read More


Building A New Data Breach Policy

Building A New Data Breach Policy

As technology draws us deeper into a new age of business enterprise, we are continuously bombarded with challenges and opportunities involving those with malicious intentions. Data security attacks come at us from every direction as the ingenuity of criminal minds seek new and creative ways to infiltrate our information resources   Read More