Retail Crime

Particular places, products, processes, and increasingly, certain retail innovations are much more vulnerable to loss than others.

Tyco Retail Solutions recently announced its Sensormatic Shrink Management as a Service (SMaaS) is now delivering visibility into electronic article surveillance (EAS) and loss prevention systems for all 642 Asda stores in the UK.

The Loss Prevention Research Council conducts more than 100 in-person interviews with active shoplifters each year. Much of what they say pertains to whether they see/get/fear a particular theft deterrent.

If you're working a multi-party investigation, I would highly recommend that you use the same pool of questions for each person. You do not want multiple people to be separated during an investigation and find out that different questions were used.

One of the highlights for senior loss prevention executives was a private luncheon with three University of Florida scientists who discussed research into omni-channel retailing, the effects of fear of crime on shopping behavior, and reducing corporate digital threats.

Pawn shop busted for $6M

Baby formula bandit

Retail stocks tumble

Second robbery suspect arrested

Carjacking, burglary in same store

Who's closing Thanksgiving Day?

Whether in a booster bag, booster girdle, stroller or wearing stolen merchandise out of a store, the fitting room seems like a great place to conceal merchandise. So, what are some current methods to curb shoplifting in fitting rooms?

"Being a vendor is not a dirty word. You need to believe in your bones that what you're providing is critical to your customer's success."

As the industry transitions from bricks and mortar to “bricks and clicks,” the capabilities of existing systems are being stretched thin, and many retailers have not fully integrated the new technology required to manage loss and reduce shrinkage effectively in an omni-channel world.

This type of story does not make the news because it happens quietly and without the media coverage of a natural disaster like Florence. However, it is no less damaging or irresponsible; it is no less a threat to safe stores and communities. [Sponsored post]