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REI Lays Off 357 Employees Due to Declining Profits

REI CEO Eric Artz announced that the company is reducing its workforce by 357 people, including 200 working at headquarters, six in sales and customer experience, 3 in experiences, and 121 in distribution centers.

New Survey Shows More Than Half of Gen Z Prefers Frictionless Shopping

Generation Z is leading the way when it comes to a preference for frictionless shopping, with over half (52%) likely to switch retailers for check-out free stores.

Valentine’s Day Spending on Significant Others Predicted to Reach New Record

Valentine’s Day is returning to its romantic traditions, with total spending for the holiday expected to reach a record $14.2B this year.

The Underlying Reasons for False Confessions

In this video, Keith Zupec, CFI, spotlights the underlying reasons for false confessions and strategies an investigator can take to avoid them.  

Inside Scoop with an Entrepreneur | Ep. 78

In Part 1 of LPM's Inside Scoop with an Entrepreneur Podcast, Steven May and Stefanie Hoover chat about taking an idea from inception to success.

The Biggest News in Loss Prevention: January 20 – 26

Man Sues Macy's and Sunglass Hut Over Wrongful Arrest Linked to Facial Recognition | California, New York, and Virginia Take Steps to Stop Retail Theft | 3 Suspects Facing 50 Felonies for Alleged Series of Bay Area Retail Thefts

Raul O. Aguilar Joins Auror as Sr. Director of Law Enforcement Partnerships

Retired Homeland Security Investigations senior leader Raul O. Aguilar has joined Auror as senior director of law enforcement partnerships.

Humanely Mitigating the Impact of Homelessness on Retail Stores

Large retailers in hard-hit cities are closing shops due to the sharp rise in homeless individuals nearby. Read more in this article.

Poker Player Allegedly Revealed as Mastermind Behind $230M Counterfeit Drug Scheme

Las Vegas poker player Lazaro Hernandez has been exposed as the mastermind behind a $230 million counterfeit prescription medication operation.

California Woman Arrested for Stealing $2,500 Worth of Stanley Cups

Police report that a California woman has been arrested for the theft of 65 Stanley cups, totaling nearly $2,500 in value.
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