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.
55 Year-Old-Man Dead after Being Detained by LP for Alleged Shoplifting
A 55-year-old man died Wednesday evening after being detained by store security at a grocery store in Lakeview, Illinois, for alleged shoplifting.
Chicago police were...
Sensormatic RFID Solutions Bring Clear Sightline into $1.2 Trillion Shrink Problem
Johnson Controls today announced that Sensormatic Solutions, its leading global retail solutions portfolio, has expanded its innovative line of RFID-based shrink visibility solutions, providing...
Theft Suspect Punches LP Associate; Drops Her Cell Phone While Escaping
An alleged thief at the Home Depot in Moses Lake, Washington, dropped her cell phone during her escape.
Unfortunately for her, when police found it,...
Black Friday Could Bring Relief Rally for Beaten-Up Retailers
Target’s earnings on Wednesday crushed estimates, and the stock market rewarded the retailer. But things have not been great for many other retail store...
First Shoplift Arrest At Store Came Before Grand Opening
An Illinois man was arrested for retail theft at the new upscale Von Maur department store at Orland Square Mall before some even knew...
5 Things Retailers Should Remember as They Ready for Holiday
Retailers call the day after Thanksgiving Black Friday because it is one of the most profitable days of the year (the Philadelphia Police Department...
Milestone Systems Introduces the XProtect Troubleshooting Assistant
Milestone Systems has released the troubleshooting assistant for partners and customers using Milestone XProtect® video solutions. Video management systems today are not only used...
CLEAR 2019 Conference Recognizes Exceptional LP and Law Enforcement Investigators
The 10th Annual CLEAR conference saw an incredible turnout of nearly 300 retail, law enforcement, and vendor attendees at the beautiful Bahia Resort on Mission Bay in San Diego, CA, October 28–31, 2019. One of the features of this conference is recognition of top investigations that made major impact in the retail industry.
Employee Charged with Embezzlement; Co-Worker Sought
A former Home Depot employee has been charged and police have obtained an arrest warrant for a co-worker after they were accused of defrauding...