Emeritus Professor Adrian Beck spent his academic career in the criminology department at the University of Leicester in the UK, where he primarily focused on research on retail crime and shrinkage issues. He currently serves as an academic advisor and researcher for organizations like the ECR Community's Shrinkage and On-shelf Availability Group. Beck is a frequent speaker at loss prevention conferences worldwide and a contributor to LP Magazine's US and Europe publications. Beck can be reached at bna (at) le.ac.uk.
There is no agreed-upon definition of what constitutes "shrinkage." Most estimates are based only upon measures of merchandise losses where the cause is unknown. The total retail loss concept offers a new definition of loss.
A 2016 report from the ECR Community’s Shrinkage and On-shelf Availability Group titled Amplifying Risk in Retail Stores offers a comprehensive review of the...
In the generally unyielding area of retail loss prevention, few US corporations have been highly successful in staunching the pervasive problem of inventory shrinkage—the...
A major new report published by the Retail Industry Leaders Association (RILA) puts forward a dramatically different way of thinking about the problem of...
What does inventory shrinkage mean to you?
For most companies, the answer to this question would be obvious: a significant problem, and usually something that...
Download this 34-page special report from Loss Prevention Magazine about types and frequency of violent incidents, impacts on employees and customers, effectiveness of tools and training, and much more.