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Two Arrested after Nearly Two-Month Shoplifting Spree

A frequent shoplifter liked to go where everybody knew his name, but after a nearly two-month spree at Spokane stores, he and a woman...

Nearly 16K Restaurants Have Permanently Closed; More Closures on the Horizon

60% of restaurant closures since March 1 have been permanent, according to a report Yelp released on Wednesday. Of the roughly 26,000 total restaurants that...

How the Coronavirus is Changing the Way We Shop; What We’re Buying

The coronavirus pandemic is likely to change how and what consumers buy, forcing the retail industry to quickly innovate in a race that’s likely...
protests

Protests and Property Protection: Strategies for Today’s Systemic Threat of Social Unrest

As the image spread of George Floyd going lifeless under the knee of a Minneapolis police officer, LP professionals could see where this was heading.

VIDEO: Suspect Sought in Theft Resulting in Employee’s Death

Authorities are seeking the public's help in finding a suspect in the theft of a Long Beach liquor store, resulting the death of a...
money bills cash

Employee Allegedly Stole $19K from Employer

A grocery store employee was charged with allegedly stealing more than $19,000 in merchandise and cash over a span of six to seven years,...

Suspect Jailed after Velveeta Cheese Found at Bank

A clerk at a Dollar General store in Leesburg contacted law enforcement after he spotted a shoplifter Thursday afternoon, according to an arrest report...

Returning to Pre-Pandemic Consumer Confidence

Retailers that implement new processes that demonstrate they’re keeping people safe will undoubtedly be seen favorably by shoppers.
ThinkLP Analytics

The Formula for Success in Loss Prevention

There are two ways to maximizing the sum total of the potential value of ideas: increase the number of ideas and maximize the value of each individual idea.

Total Retail Loss 2.0: Moving Beyond the Theory

Since its introduction in 2016, the Total Retail Loss concept has received critical acclaim across the globe, stimulated debate about what constitutes retail “loss,” and discussion about what the future role of the LP function might be. New research addressed how it has been implemented, its effectiveness, and what changes to the theory are required.
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