Whole Foods Market is using AI to improve asset protection and reduce theft, while other retailers like REI are slowly adopting AI, amid concerns over privacy and reliability.
Despite concerns over tariffs, US retail sales in April showed continued consumer resilience, with modest monthly growth and strong year-over-year gains, supported by positive trends in jobs, wages, and energy prices.
Ghost employees—fake or inactive workers left on the payroll—can quietly drain thousands from companies, especially in high-turnover retail settings, if poor oversight and weak system controls let them slip through unnoticed.
Integrated Risk Management (IRM) is a proactive, enterprise-wide approach that helps organizations anticipate, assess, and respond to risks strategically, turning uncertainty into resilience and competitive advantage.
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Apprehending repeat offenders is just the beginning—true progress in retail crime prevention requires coordinated follow-through across retailers, law enforcement, and the justice system to break the cycle and restore safety.
Retail sales grew in April as many consumers moved up buying to avoid higher prices expected to come with tariffs, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released by the National Retail Federation.
Despite continued job growth and consumer spending, rising trade tensions and erratic tariff policies have fueled widespread economic uncertainty and heightened recession fears, though a downturn has not yet materialized.
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.