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Articles by Garett Seivold
Retail mergers and acquisitions have the cumulative affect of raising the bar for top LP and security executives, suggests David Lammert, president of Pinnacle Placements, an executive search firm specializing in the security profession.
Loss prevention executives have a responsibility to stay plugged into the threat-communication network, such as through a local joint terrorism task force and via contact with industry counterparts and law enforcement.
Implementing targeted theft-deterrent strategies depends on consistent record-keeping, organization, and pattern recognition. A data-driven incident management process is the only way to keep pace with an extremely adaptable foe.
Many years ago, when Conan O’Brien was battling NBC over his role in late-night programming, he announced his intentions while waiting for a resolution. “I will continue to put on as good a show each night as I can—while stealing as many office supplies as humanly possible.”
With 69 percent of adults on at least one social media site, including 88 percent of individuals under 30 years old, there is a wealth of information out there for investigators to comb through. Few social media users implement the strictest privacy settings, which provides even more investigative fodder.
Despite retailers reporting worrisome and worsening ORC statistics, resources to fight it may be on the verge of stagnating. Only 40 percent said their companies are allocating more resources to fight ORC, down from about half of retailers that noted increased spending in both 2016 and 2015.
One idea to limit lawsuits: Conduct periodic surprise store audits to ensure compliance, identify gaps in training, and weed out problem employees.
Nine seconds after three armed men entered a convenience store in Rochester, NY, one of them shot security guard Brian Brown in the face. “Thirty-six pellets went into my eye, the rest went into my head,” he told local WHAM 13 News. “They’re still in there.”