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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.
Shoplifter Shoplifting and theft

To Stop or Not to Stop the Shoplifter: Is This Still a Question?

Am I sure that he is attempting to steal this merchandise? "Yes, I am sure."
how to manage inventory

How to Manage Inventory: Shrink Visibility

At a time when store margins are under intense competitive pressure, retail shrink can make or break a retailer's bottom line. But retail shrink numbers are vulnerable to blind spots and imprecise metrics.
retail shrinkage rates

The Worldwide Impact of Shrink

In the United States and around the globe, shrink continues to be a challenge for retailers, especially as competition grows, profit margins constrict, and...
retail innovation trends, asset protection system

LP Must Start Collaborating to Support the Latest Retail Innovation Trends

If you're a retailer in 2018, it's time to accept the truth: you're no longer just a seller of goods. You're a tech company, too.
closing a retail store

Closing a Retail Store: Loss Prevention’s Role

In recent years, senior loss prevention executives throughout retail have had to come to grips with a different type of promotional sale events—the all-too-frequent store-closing sale. It...
David Shugan

Building an LP Department Focused on People

EDITORS NOTE: David Shugan, CFI, is the senior director of loss prevention for Carters based in Atlanta. Prior to taking over the leadership role...

Rite Aid’s Loss Prevention Strategy Yields Data-Driven Results

EDITOR'S NOTE: Robert "Bob" Oberosler is group vice president of loss prevention for Rite Aid, one of the nation's leading drug store chains with...
Rich_Mellor

The Growing Role of Retail Loss Prevention Professionals

In the not-so-distant past, the primary responsibility of loss prevention personnel was to deter theft and control shrink. Many of us started our careers...

Made from Scratch

In the summer of 1969, Dan Evins came up with his old country store idea while driving his family down to the Atlanta (Georgia) Zoo. The...
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