While retailers love the labor cost savings and claim self-service kiosks are more convenient for shoppers, they are also concerned about the loss associated with SCO... Read more here.
When it comes to retail theft, the industry—and the media—tend to focus on more prominent brands with more stores and revenue that are accountable to shareholders. But shrink from theft significantly impacts small-to medium-sized (SMB) retailers, which operate on narrower margins.
We must always keep in mind that leadership is about so much more than making decisions and telling our teams what to do. Never overlook those quiet heroes. They deserve to know just how important they are.
Despite what some seem to think, “audit” is not a four-letter word, and when managed correctly and appropriately, it can be a driving factor in the operation’s success.
This article is a call for everyone to lean into whatever challenges you face and for fellow loss prevention executives to be mentors and coaches to others in the industry.
For the past three years, the LPRC has compiled a database of shrink, incidents, and security measures as part of its American Retail Crime, Shrink, and Security (ARCSS) initiative. See results in this article!
Building a resilient organization requires coordination of all parts of the enterprise that is managed at the C-level by an individual whose sole responsibility is to focus on building organizational resilience.
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.