Tag: shrinkage


A Mall Within a Store?

A Mall Within a Store?

Once the symbol of American retail strength that was exported across the globe, the mall is seeing a hazy future. As people shop more online and want something different from their downtime, the mall has become a destination that is approached as a last resort rather than a first choice.

There   Read More


Smart People Say Smart Things

Smart People Say Smart Things

In every issue of the print magazine since 2001—and now in our digital magazine LPM Online—we have conducted an executive interview with some of the top professionals in loss prevention, retail, and a few outside the industry. These exceptional individuals have much to say about a wide range of subjects.   Read More


The 60-Second Guide to Total Retail Loss

The 60-Second Guide to Total Retail Loss

A recent report from the Retail Industry Leaders Association advocates a radical new way to think about how to understand and measure retail loss.
Shrink No Longer Cutting the Mustard

There is no agreed definition of what constitutes “shrinkage.”
Most estimates are based only upon measures of merchandise losses where the   Read More


How to Define Loss Prevention

How to Define Loss Prevention

“So, what do you do?”

This is common question that for some loss prevention professionals presents a perplexing set of thoughts. “How do I adequately satisfy the inquirer’s request, without overcomplicating the dialogue?”

At a retail event, the response “loss prevention” is sufficient, or maybe “asset protection,” depending on the retailer. At   Read More


Can a Retail Buyer Help Reduce Shrink?

Can a Retail Buyer Help Reduce Shrink?

While the perception of shrinkage among the loss prevention industry has evolved from thinking about loss strictly in terms of theft to the consideration of all causes of inventory discrepancy, this change in approach hasn’t necessarily diffused into all of the other teams in a retail organization. Retail buyers are   Read More