Tag: data analysis
The Problem of Organized Retail Crime: Overstated or Misunderstood?
To determine whether the retail crime problem has been overstated, we need to understand the nature of retail crime in general.
Some Los Angeles Retailers See Reduced Shoplifting during the COVID-19 Outbreak
ALTO has been analyzing data to see if the COVID-19 outbreak has impacted external theft activity in the Los Angeles area market. Here are the results.
Incident Reporting Best Practices: The Key to Moving Unknown to Known Shrink
How much of our shrinkage number is due to theft? How do you answer this question? Educated guess? Based on indicative feedback? Through deep data analysis? The “go to” tool to understand the answer to these questions, and move shrinkage from unknown into known shrink, is often the incident reporting tool.