On Feb. 6, a Chicago-area man received a record-breaking $91 million settlement from 7-Eleven after losing both his legs in an accidental crash outside one of the company’s stores in Bensenville, Illinois, in 2017.
Art Lazo is vice president of asset protection at 7-Eleven. He has held various operational and loss prevention roles at other retailers including Toys“R”Us, Home Depot, Circuit City, and Sears Holdings.
A well-managed supply chain—one that mitigates security risks—is essential to a successful retail operation. But control is put to the test as the supply chain expands, morphs, and becomes increasingly intricate. LP executives are getting involved.