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Retail Theft Victims and the Criminal Exception

Annually, retailers lose billions of dollars due to theft. In 2010, global retail shrinkage totaled $107.284 billion with shoplifting being the largest contributing factor....
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Supporting the Mission of Giving Back to the Community

Goodwill Industries of Southeastern Wisconsin and Metropolitan Chicago is one of the largest of more than 180 independently operating Goodwill agencies in North America in terms...
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Through the Eyes of the Guest – Asset Protection at Gordmans

Successful asset protection and store security programs are never “tone deaf.” This means that the most effective programs are shaped, managed, and refined over time to reflect...
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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...
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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

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

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...
Loss Prevention Technology

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...
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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...
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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...
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