Industry News

Emerging Technology Currently Elevating the Retail Shopping Experience | Cargo Theft Reaches 'Unprecedented Levels' in 2024, Increasing by 27% | Maryland Business Leaders Call for Crackdown on ORC

While contributors to shrink are multi-fold, one strategy that retailers have leveraged to successfully combat shrink losses is scan-based trading (SBT).

Data released by the US Census Bureau shows that core retail sales during the 2024 holiday season grew an unexpectedly high 4% over 2023 to a record $994.1 billion, coming in ahead of the National Retail Federation’s forecast.

Tony D'Onofrio shares his tip five takeaways from the National Retail Federation's 2025 Big Show in New York City.

Please join us in congratulating the following individuals on their recent career moves and promotions.

Listen in as McLane Head of AP, Security, and Crisis Management Glenn Master, UPS VP of Public Affairs Jessica Lowrance, and Travelers Inland Marine National Practice Leader and Transportation and Crime and Theft Specialist Scott Cornel discuss the efforts of the International Supply Chain Protection Organization (ISCPO) and the Supply Chain Coalition to combat the newest strategic theft in retail: fictitious pick-ups.

The newly enhanced, cloud-based Shrink Analyzer application can now integrate RFID and EPC data from targeted—and previously unmonitored—store areas to improve visibility and predictions of loss events.

Michelle Mack Sentenced to 5 Years in Prison for $8M Shoplifting Ring | New Task Force Will Fight Crime Related to California Wildfires | How Retailers Are Responding to Rising Return Challenges

In this episode of LPM's Inside Scoop Podcast, we hear more about applications to help LP (and other retail teams) become more efficient and solve problems quickly.

With over 25 years of executive experience in financial services risk management and a distinguished career leading innovative security and compliance initiatives, Brad brings unparalleled expertise to the CONTROLTEK team.