Tag: reduce shrinkage


Calculating the ROI of Loss Prevention Solutions

Calculating the ROI of Loss Prevention Solutions

Over the past 25 years, return on investment, profit center, cost center, and value-added have become significant buzzwords in the loss prevention industry. While not unique to our industry–these concepts are also important in other staff functions, such as information technology and finance–I can’t imagine ROI has gotten any more attention than   Read More


A Root-Cause Analysis May Help Reduce Shrinkage

A Root-Cause Analysis May Help Reduce Shrinkage

Most retailers have adopted omni-channel strategies to meet consumers’ demand to browse or buy whenever and wherever they choose. But enabling everything from mobile point of sale (POS) to in-store pickup of online purchases has made inventory control and product logistics far more difficult. The complex new retail environment is   Read More


Making It Easier to Get It Right

Making It Easier to Get It Right

Navigating the asset protection responsibilities at the world’s largest retailer requires patience, perspective, partnerships, and outstanding leadership. Mike Lamb, LPC, is the vice president of asset protection and safety at Walmart US. A seasoned industry leader, Lamb has served with some of the nation’s most prominent loss prevention programs. He   Read More


2015 NRSS Executive Summary

For over twenty years the industry has recognized and used the National Retail Security Survey (NRSS) as a key benchmark for retail loss prevention. This retail security research project studies numerous elements of workplace-related criminality, along with identifying successful security counter-measures to protect people, assets, and brands in the retail   Read More


RetailNext Launches Next-Generation LP Solution at NRF Protect Expo

RetailNext Launches Next-Generation LP Solution at NRF Protect Expo

RetailNext Inc., an expert in retail analytics for brick-and-mortar stores, recently announced its next-generation loss prevention solution designed to help retailers reduce shrinkage and maximize profitability. Featuring advanced video surveillance and integrated monitoring and analytics, the new LP solution takes advantage of RetailNext’s retail analytics platform to enable customers to save billons of   Read More