As a business risk, it’s probably hard for a retailer to think it makes sense to embark on a major pandemic planning initiative given perceived more pressing business issues. Still, security leaders shouldn’t let a lack of attention prevent an annual program review of its readiness. But what might such LP department preparations include?
LPM interviewed more than one dozen retail security consultants, industry leaders, and LP executives and asked what they think about different security tools and strategies to prevent after-hours store break-ins. Their responses focused on 7 tactics retailers should consider.
"We proved-out that the technology works phenomenally well. The technology is great." This effusive praise by an LP executive who oversaw a several-store test...
Retailers are often faced with protests by striking workers or picketing consumers that can lead to potentially damaging publicity. An analysis of security mistakes by retailers provides a number of useful ideas for both corporate and store-level employees for mitigating damaging fallout from protests.
Tony D'Onofrio recently spoke on the "Disruptive Future of Retail" at the LPM annual editorial board meeting. His presentation explained the key trends driving the digital transformation of the global retail industry. This article summarizes his presentation.
Many online retailers accept cryptocurrency as a form of payment, and even brick-and-mortar stores and restaurants advertise that they accept cryptocurrency. But despite its widespread popularity, cryptocurrency has almost no regulation.
RILA’s Asset Protection Leaders Council—comprised of AP functional heads from RILA member—kicked off the three-day annual meeting event at the Westin Resort in Hilton Head Island co-located with industry partners LP Magazine and the Loss Prevention Foundation.
The beaches of Hilton Head Island were hit with a wave of loss prevention professionals as the annual back-to-back-to-back asset protection leadership meetings took place at the Westin Resort in Port Royal Plantation to support the Retail Industry Leaders Association, LP Magazine, and the Loss Prevention Foundation.
“When companies have been proactive in security, that is not a case I want to have. I want the path of least resistance.” For him, that means inaction by a company that will indicate to a jury that it disregarded people’s safety. These are the companies that lose security lawsuits.
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.