Tag: employee theft
Profit Protection—A U.K. Spin on Loss Prevention
EDITOR’S NOTE: Ian Carter is head of profit protection for B&Q plc, the number-one home improvement and garden center retailer in Europe and the third largest in the...
Deterring Loss with Humility and Respect
EDITORS NOTE: PaulStone is vice president ofasset protection and riskmanagement at Best Buybased in Minneapolis.Stone started his lossprevention career asa store detective forJCPenney. He...
Planning, Implementing, and Justifying an Employment Screening Process
Many experts agree that “past behavior is the best predictor of future behavior.” For this reason if for no other, companies should be keenly...
Head, Heart, and Hands: Best Buy’s Approach to Distribution Center Loss Prevention
Best Buy’s executive management realized some years ago that the challenges and approaches to loss prevention at our fast-growing chain of retail stores—there are...
Hot Products—Protecting Our Best Stuff
Think about it, much of our merchandise is occasionally purchased or lost. But some items just seem to fly out of the store.
Recent research in the United...
A New LP Challenge
Every retail loss prevention professional is familiar with the traditional avenues through which loss occurs. Shoplifting, both amateur and professional, employee theft, and refunding schemes are...
Weathering the Perfect Storm
Despite consolidation and narrowing margins, retailing is healthier now than it has been in many years. It is also true that retailers are doing more...
An Academic Approach to LP
EDITOR’S NOTE: Richard C. Hollinger, Ph.D. is a professor in the Department of Criminology, Law and Society at the University of Florida in Gainesville. He is...
Managing LP by Managing Data
Movie Gallery is the second largest and fastest growing video rental retailer in the world. Starting with one store in Dothan, Alabama, in 1985, the...
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...