Tag: external theft


The Worldwide Impact of Shrink

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 the availability of quality employees becomes increasingly limited. Retail companies in the US have been hit especially hard by shrink in the last five years, but   Read More


Taking a Data-Centric Role to Add Value to Your Company

Taking a Data-Centric Role to Add Value to Your Company

EDITOR’S NOTE: Dan Faketty is vice president of asset protection for Southeastern Grocers based in Jacksonville, Florida. Prior to moving into a leadership role with Winn-Dixie in 2005, he was vice president of loss prevention at Harris Teeter, director of loss control for Super Kmart Centers, and regional LP manager   Read More


The 11 Habits of Low-Inventory Shrink Retailers

The 11 Habits of Low-Inventory Shrink Retailers

In his bestselling book, The 7 Habits of Highly Effective People, Stephen Covey presented a holistic, principle-based approach for solving personal and professional problems. This got the ECR team thinking: what if for “highly effective people,” we read “low-inventory shrink retailers”? What then would be the habits of low-shrink retailers?   Read More