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The concluding day of Innovision 2020 began with a fantastic presentation from Terry Rich, the and former head of the Iowa State Lottery who oversaw the largest lottery fraud investigation in US history, taking an $80 billion dollar gamble on a case that involved a lottery ticket, two hot dogs, and bigfoot.

If you think about after the interview, you have to worry about termination hearings, unemployment hearings. You have to worry about the defense if you’re doing a criminal case. You have to worry about any other area where they may try to attack the investigation. Let’s talk about that.

A new study indicated that the coronavirus could impact over 5 million businesses worldwide. Eighty-seven percent of USA companies with operations in China expect the outbreak to negatively impact revenue. Of that number, 24% expect declines of 16% or more. The impact on retail could be significant.

With warmer weather soon to follow, February needed the extra day this leap year to make room for approximately 114 loss prevention professionals making...

Storm clouds continue to loom over many US retailers in 2020. But all is far from lost for the retail industry in general. It’s changing and evolving to meet consumer’s demands and working hard to make the shopping experience simpler, more relevant, and more enjoyable. Here are the latest statistics.

The Tennessee Supreme Court ruled that the state of Tennessee can use its burglary statute to prosecute serial shoplifters who have been issued no-trespass warnings banning them from re-entering retail stores.

CEOs and corporate boards of directors are recognizing that a greater amount of dynamic risk attaches to cyber security-related matters than to physical security issues. However, survey results do not indicate a diminishing role for physical security. Instead, respondents tended to report a unified security plan.

In a year of otherwise encouraging safety injury data, the retail sector was called out for being the nation’s only industry to see an increase in the number of injuries in 2018. Retail sales personnel are the most injured.

It’s evident that there is a new battleground for loss prevention. The product exists as bits and bytes, and it won’t be carried out of stores or looted from warehouses. Indeed, the threat is data theft.

In supply chain terms, Russia is considered an emerging market, which has grown very quickly in a short period of time. Because of this, little if any well-known retailers from the US or Europe have logistic operations in country. This forces most retailers to use a transportation broker that specializes in shipping throughout parts of the country.