The LPRC conducts research on ORC through individual projects and working groups because they know you must understand a problem before you can effectively address it.
Retail shrink, when taken as a percentage of total retail sales in 2021, accounted for $94.5 billion in losses last year, up from $90.8 billion in 2020, according to the 2022 National Retail Security Survey.
In a world where we have too much on our individual plates, there has never been a more critical time for collaboration, diplomacy, and international co-operation.
Safety and security incidents that can damage a retailer’s reputation and dampen profits often result from change that outpaces the implementation of controls.
Retailers have always been intimately connected to the communities they serve. From the days of the general store with the potbelly stove where pioneers gathered to discuss the weather and harvests, retail has been the center of most communities.
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.