Tag: the shrinkage


The Link Between On-Shelf Availability, Sales, and Loss

The Link Between On-Shelf Availability, Sales, and Loss

You are driving to work as a supermarket supply-chain manager. The hot weekend weather has continued, it’s a lovely Monday morning, yet you’re surprised when your boss calls so early. Agitated, he shares how he just discovered from the CEO that all stores were reporting a massive sales loss because   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


The Magazine, Certification, Baseball, and C-Suite Arrogance

The Magazine, Certification, Baseball, and C-Suite Arrogance

EDITOR’S NOTE: James “Jim” Lee, LPC, is the executive editor and cofounder of LP Magazine. Lee has over thirty years of practical experience as a retail security and loss prevention executive, including senior positions with Montgomery Ward, Lazarus, The Broadway, and Marshalls. He is also cofounder of Contact, Inc., a   Read More


Nine Necessary Practices for Successful Shrinkage Control

Nine Necessary Practices for Successful Shrinkage Control

In the generally unyielding area of retail loss prevention, few U.S. corporations have been highly successful in staunching the pervasive problem of inventory shrinkage—the problem that refuses to go away. This article highlights nine key shrinkage control approaches that could potentially save U.S. retailing billions each year.

For retail loss prevention practitioners across   Read More


2016 National Retail Security Survey Results Released

2016 National Retail Security Survey Results Released

Results from the 25th annual National Retail Security Survey (NRSS) were recently released at the National Retail Federation’s (NRF) PROTECT Conference, which was held in Philadelphia in June.

In his Academic Viewpoint column for the July-August 2016 issue of LP Magazine, Richard Hollinger, Ph.D., reveals a number of key findings from   Read More