Magazine Features

As the retail rollercoaster rolls on—and with little evidence that the whiplash will subside in 2022—it’s incumbent upon loss prevention teams to do more than hang on and go along for the ride.

Kroger is the nation’s largest supermarket by revenue, and only six companies in the nation employ more people. At that scale, it’s natural for the company to have relationships with a who’s who of service providers.

There are many ways your employees can steal from you. From the “borrowing” of office supplies to overreporting of hours, there’s no one with greater opportunity to help themselves to your company assets.

Employers are facing more severe talent shortages than they have seen in decades. While the particulars differ, the evidence of talent shortages is widespread.

Art Lazo is vice president of asset protection at 7-Eleven. He has held various operational and loss prevention roles at other retailers including Toys“R”Us, Home Depot, Circuit City, and Sears Holdings.

Consumers are anxious to buy, and the restraint on consumers has left many with substantial savings to spend. But while demand is certainly there, supply isn’t always.

Retail’s evolution will be reshaped in the years ahead by how stores assess the changing needs of customers, but it will also be a byproduct of the environment.

On a single night in 2020, approximately 580,000 people were homeless in the United States, a 2 percent increase since 2019 and the fourth consecutive annual increase nationwide.

LPM shares perspectives and memories from loss prevention executives about the September 11, 2001, attacks.

On September 11, 2001, I was a 33-year-old fireman in Brooklyn, NY, when at 8:46 am that beautiful Tuesday morning, everything changed.