4 Arrested in Retail Theft Operation
Two women and two men from the Los Angeles area were arrested on suspicion of involvement in an organized theft ring that targeted more...
Charges Reduced for Three Employees Accused of Stealing Thousands from Store
Prosecutors in Idaho Falls, Idaho, reduced charges as part of plea agreements for three TJ Maxx employees accused of stealing thousands of dollars of...
CBP Officers Seize Counterfeit Smart Watches Valued at Nearly $600K
Counterfeit smart watches valued at nearly $600,000 were seized Wednesday at the International Falls port of entry.
The watches were found when US Customs and...
Retail Veteran to Lead RILA Public Affairs
The Retail Industry Leaders Association (RILA) today announced Michael Hanson will join the association as senior executive vice president for public affairs. As current...
Stefanie Hoover with Holiday Tips for LP Pros
The holidays can be stressful in retail, to state the obvious. With crowded stores, frazzled employees, and grouchy customers, there may be days when you want to hide. They can also be a lot of fun as we try to close out our year with great results. During my career in retail, I’ve experienced a mix of both. Here are a few ways to help get through the next few weeks in one piece.
Security Guard Charged with Punching Girl, 11, for Shoplifting
A 225-pound security guard at a Boston fashion store has been indicted on charges of assault and civil rights violations after allegedly punching an...
4 Juveniles Caught and Arrested Following Store Theft and Attack
Four Kansas juveniles were taken into custody by police on multiple counts, including aggravated battery and robbery stemming from an incident at a retail...
Shoplifting Couple Arrested; Charged with Felonies for Theft
Detectives from the Scottsdale Police Department have identified and charged 31-year-old, Epitacio Cortina Jr., and 32-year-old, Crystal Nichole Roberto, for the crimes committed at...
Retailer Suffers Credit Card Data Breach for the Second Year in a Row
Just as the holiday shopping season is beginning to kick into gear, fashion retail giant Macy's has disclosed its wallet and shopping cart pages...
How Well Do You Know These Essential Inventory Control Techniques?
From an LP perspective, a strong understanding of how retail inventory is managed is crucial to resolving shrink-related issues. One basic but important component is knowing the inventory control techniques and accounting methods used by your company. The two most common are the “retail” method and the “cost” method of accounting.