Employee theft is a major problem for many employers in the United States, coming in at number two on the list of leading causes of inventory shrinkage (behind shoplifting/ORC), according to the 2018 National Retail Security Survey.
About the Author
Articles by Read Hayes, PhD, CPP
“Location, location, location” has been used at least since the 1920s to make the key point about property-value differences. The same goes for sales success and, in our case, crime risk. I’ve mentioned before I’m an environmental criminologist, and in the criminology/sociology field “environmental crime” is relatively rare. Most social
Every loss prevention and asset protection team puts together some kind of “plan to win.” As we’ve discussed before, there is too much at stake to lose not to plan. Crime and loss means injuries, reputation damage, revenue loss, and much more. And the way we win is to defeat
It is equally important to be able to align and describe how a selected protective countermeasure or treatment actually works to affect a problem.
When we’re looking to grow a business at the store or enterprise level, we should strive to envision that entity’s place and role in an ecosystem. With stores, nearby people drive sales, crime, and loss levels. Ease of access and egress plays a role. Nearby stolen-goods fences and other built
Here’s how one shoplifter assesses risk. “First things first—you want to know if they got what you want. The second factor is the risk involvement. The risk involvement will be security times cameras times employees times space times [other] customers.”
The currently described retail risk management research was an attempt to gauge whether and how retail chains segregate stores into risk and vulnerability bands for more precise protective support.
Two US retail chains participated in an extensive study of how to select individuals most likely to “win” as in-store loss prevention specialists (store detectives or “SDs”). Following are some of the highlights of this study.
Okay, it’s not just complicated; it’s complex. At least that’s the opinion expressed by some tweeters recently. The “Twitterland” consensus seemed to suggest controlling crime is often more difficult than handling some medical pathologies such as broken bones. Here’s their reasoning: with some exceptions, setting a broken leg now and
Almost 100 flea markets were randomly selected from a guide of 1,000 locations and visited by our teams to assess the availability, pricing, and condition of a high-loss men’s shaving product as example of flea markets and stolen products activity.