Tag: sweethearting

Big or small, a retailer has a range of technology options to improve security and loss prevention—but none of those should be used in a silo.

Visual information is no longer the only — and perhaps not even the primary — component of a video surveillance system. Images are still valuable, but it is the data inherent within them that provides for new applications and value. A camera is now a computer with a lens. Video once provided LP with extra eyes. Now it also offers brains.

Unfortunately, the convenient self-checkout option is popular among genuine customers and fraudsters alike. Read this article, then check out the video for clips from actual LPRC offender interviews on the subject.

After a long career in loss prevention, including twenty-six years at Best Buy, Paul Stone, CFE, LPC, is now experiencing unparalleled results. Tempted out...

Who shoplifts? There is no typical profile of a shoplifter. Based on our experience of interviewing offenders, shoplifters can be male or female, of any race, as young as five or well into their seventies.

One of the most commonly held principles of shrinkage reduction, especially for shoplifting deterrence, is achieved by giving good customer service. This idea is...

At a time when store margins are under intense competitive pressure, retail shrink can make or break a retailer's bottom line. But retail shrink numbers are vulnerable to blind spots and imprecise metrics.

In the United States and around the globe, shrink continues to be a challenge for retailers, especially as competition grows, profit margins constrict, and...

Loss prevention practitioners have a long track record of investing in a wide range of technologies to help control the various losses retailers experience....

In the second in a series of industry-focused benchmarking surveys, the authors present a few key findings from a new study of how some...