ICYMI: LP Industry News of the Week Jan. 17 – 23

LPM news in review

We know that your week can get busy, and the time you have to catch up on the news from around the retail loss prevention industry is often stolen away by other things. That’s why the LPM team sifts through headlines from all over the country to bring only the most relevant LP news to you here, in our special weekly news round-up—the perfect bookend to a productive week.

Here’s What You May Have Missed

CHP Recovers $19.7M in Stolen Merchandise Since 2019
The California Highway Patrol (CHP) has recovered more than $19 million in stolen merchandise through 877 investigations and more than 370 arrests since launching task forces around the state to curb brazen retail theft in 2019.

Sifting Through the Train Thefts of Los Angeles
A Union Pacific rail hub is strewn with the castoffs from goods looted from train cars that dip below street level, where it is particularly hard to guard the cargo. The company put losses, claims, and damages at about $5 million.

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LA Police Arrest Man Suspected of Killing Lone Store Employee
Los Angeles police arrested the man they say killed a 24-year-old woman while she worked alone in a furniture store. The suspect, believed to be homeless, attacked the woman with a knife just before 2 p.m.

Risks and Rewards of Using Artificial Intelligence in Retail
A new book coauthored by the former CEO of Google, former secretary of state, and an MIT dean is raising some concerns about where AI is leading us, while use cases show how AI can help retailers and consumers do more and do better.

Downtown Seattle Continues to See Rampant Retail Crime
The Seattle Police Department has acknowledged that property crime in the downtown core increased in 2021. As retailers sound off, the City Attorney’s Office says it is in the midst of creating a plan to address the significant backlog of cases.