ICYMI: LP Industry News of the Week Sept. 25 – Oct. 1

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

Chinese Sellers’ Bad Practices Have Amazon on the Defensive
Amazon has been aggressively recruiting Chinese sellers to its platform for years, and in return, these sellers have played no small role in the platform’s success. However, many of these sellers have been exposed as the culprits behind bad practices such as writing fake reviews and offering counterfeit merchandise — and Amazon has failed to stop them.

San Francisco Allows Sheriff’s Deputies to Provide Retail Security
San Francisco Supervisor Asha Safai introduced legislation on Tuesday to allow sheriff’s deputies to work as security guards, to help businesses prevent shoplifting. The deputies would be off duty and on the payroll of the businesses or commercial business districts for overtime.

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English Retailer Introduces Body Cams to Over 50 Stores for Employee and Customer Safety
The retailer Central England Co-op is bringing body cameras to more than 50 stores following a successful trial, in order to keep staff safe and decrease crime in stores. This comes after the retailer saw a 31.1 percent increase in criminal incidents at its stores over the past year.

Holiday Shopping Could Be Impacted by Vietnam’s Surge in COVID-19 Cases
Vietnam is now the second biggest supplier of apparel and footwear to the U.S. after China. But while the country was mostly unaffected at the beginning of the pandemic, it is now seeing a surge in COVID-19 cases, forcing factories to close or slow down production.

Consumer Confidence Index Continues to Decline
The Consumer Confidence Index recorded another decline in September, falling form 115.2 to 109.3 since August. This is a continuation of a streak of decreases recorded in August and July of this year, showing persistent pessimism among U.S. consumers, and lingering doubts about their personal finances.

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