Loss Prevention

While often expected and sometimes necessary to drive the business forward, markdowns still impact the bottom line, especially when considering the unbudgeted, store-initiated markdowns generated to mitigate aging or excessive inventory.

ORC Rises While Nevada Bill Awaits Action | Deputy Constable Shoots at Shoplifters, Holds Man at Gunpoint | Recent String of Retail Thefts Across Southern California Prompts Concern

In November, LVT joined forces with the LPRC for a six-month pilot program called the Alliance of Companies and Communities to Enhance Safety and Security (ACCESS) Taskforce.

This initiative seeks to address the pressing issues of organized retail crime and habitual theft and its impact on our communities.

The associate-level partnership secures numerous LPQ and LPC certification course scholarships and complimentary LPF memberships for Good2Go to distribute to industry professionals.

What does a shoplifter look like? This frequently asked question is one that can lead to a mountain of concerns in the retail environment, but it is essential to address with both our store employees and loss prevention teams.

LP problems such as employee theft are still prevalent and may even be growing worse due to an increase in the general havoc of the modern retail store.

Health Employee Sentenced for Stealing Patient Data for Unemployment Claims | Six Charged in Capital City Mall ORC Scheme in Pennsylvania | Wendy's Employee Steals $20K from Fast Food Chain Using 'Ghost Clock-In' Trick

Watch this on-demand webinar roundtable discussion to discuss the challenges of the upcoming holidays, methods and strategies to help us prepare for the holiday season.

Former Wayne County Employee Pleads Guilty to Stealing Over $1.7M in County Funds | Man and Woman Face 51 Charges After Alleged Theft Spree in Washington County | Safeway Stores Turn to Tech to Deter Shoplifting Near Bay Area