Inventory Shrinkage

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Writing a Prescription for Controlling Shrink

EDITORS NOTE: Ernie Deyle is the vice president of lossprevention at CVS/pharmacy. Since joining CVS in 2002, thecompany has undergone dynamic changes in the...

A Tale of Two Retailers

Not quite the order that Charles Dickens had in A Tale of Two Cities, but borrowing these words in this order works for this tale...
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The European Road Map—Managing Stock Loss in the Retail Sector

If shrinkage management could be viewed as a journey, then recent European experience would be one not only lacking a final destination, but one plagued by...
Sandy Katz Talbots

The Dual Role of Internal Audit and Loss Prevention

EDITORS NOTE: Sandy Katz is vice president of audit and control for Talbots, the specialty retailer focusing on misses, petites, and women's fashions, as...
Targeting Shrinkage with a Comprehensive Loss Prevention Program for High-Risk Stores

Targeting Shrinkage with a Comprehensive Program for High-Risk Stores

Despite a difficult second half for most retailers, Stage Stores, Inc. achieved solid financial results during fiscal 2002. A weak economy and declining consumer...
Shrinkage Control, in-store audit

Operational Shrink in Retail: There’s More to LP than Preventing Theft

Since its inception in 1993, the Lowe’s Companies loss prevention and safety department has tailored its programs to identify and respond to losses that...
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