Tag: employee theft
Apple Wins Dismissal of Employee Search Lawsuit
Apple Inc. was recently granted victory in a class action lawsuit which was filed by its own retail employees. The lawsuit came about as...
$1 Million Apple iTunes Scam Takes Employee Theft to Another Level
An employee theft incident at the Apple Store in the Queens Center Mall has resulted in a 24-year-old man being charged with grand larceny...
Global Retail Theft Barometer Study Finds U.S. Retail Shrink Up
According to results compiled through the latest Global Retail Theft Barometer study, retail shrink is on the rise in the U.S., and it is...
Embezzlement and Employee Theft Can Cost You
Working in a business as dynamic as retail, it is essential that we remain flexible in our methods and progressive in our approach to...
Loss Prevention Interview Tips
In our last two columns, we discussed how context matters in conversations and the questions that are appropriate to ask as part of the...
Franchisees: Building a Loss Prevention Program from Scratch
Consider this. Loss prevention programs require monetary output for potential safety and security measures, such as buying and installing CCTV cameras or implementing access...
2015 NRSS Executive Summary
For over twenty years the industry has recognized and used the National Retail Security Survey (NRSS) as a key benchmark for retail loss prevention....
Research Reveals Great Disconnect Between Loss Prevention, IT and Other Business Units in Retail
IHL Group study investigates impact as retail LP technologies become IP-enabled and IT and other business units leverage for functions beyond traditional LP; Retailers with greater than $1B in revenue spend 8.3 percent of IT budget on LP priorities other than PCI and data breach protection
Finding a New Way Forward in Loss Prevention
According to the 2014 Global Retail Theft Barometer released late last fall, losses from shrink cost retailers around the world more than $128 billion...
The Global Retail Theft Barometer
It probably comes as no surprise that shrink remains a significant operational challenge for retailers around the world. That's one top-line conclusion of the...