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.
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.
Fraudster Gets 11 Years in Federal Prison for $300K Check Scam Targeting Grocery Chain
An Indianapolis man who ran a fake check scam and stole more than $300,000 from Kroger stores in at least 12 states has been...
Fraudster Cops Plea in Credit-Card Payment Scam
A Staten Island man will spend some time in a federal prison for his role in a complex fraud scheme involving the processing of...
Retail Workforce Could Face Permanent Decline from Pandemic, Lockdowns
As the retail industry undergoes a seismic shift because of the coronavirus pandemic, its workforce is more vulnerable than ever. Permanent store closures number...
The Importance of a Proactive Physical Security Strategy
Organizations no longer only install surveillance cameras and physical security devices, they require much more than that to stay prepared.
Five Most Elusive Types of Retail Fraud and How to Detect Them
Modern retail asset protection requires powerful tools to identify and eliminate internal and external fraud among all the categories of Total Retail Loss.
She Stole Mail from 170 People Then Went on a $133K Spending Spree
A Wisconsin Rapids woman who conspired to steal mail from 170 people in multiple cities from Wausau to Port Edwards pleaded guilty Wednesday in...
Stolen Air Conditioners Hot Sellers on FB; ORC Theft Ring Busted
A group of thieves were trying to turn the Tri-Cities scorching summer temperatures into some cold cash with some hot air conditioners, said police....