Tag: external theft
Cargo Theft: A Costly Epidemic
This west coast distributor had never experienced any cargo theft, which was why they were shocked when two loaded containers parked in their yard vanished in...
Growth: The New Shrink
United Kingdom clothing chain New Look is to retail what Madonna is to contemporary music—a brand that is successfully reinventing itself as an iconic...
Connecting Retailers to Combat Organized Retail Theft
Loss prevention has traditionally focused on shortage reduction through an emphasis on internal theft, external shoplifting, and operational controls. Resources to prevent these losses...
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...
The European Road Map—Managing Stock Loss in the Retail Sector
If shrinkage management could be viewed as a journey, then recent European experience would be one not only lacking a final destination, but one plagued by...
The Human Factor
In a merger completed just over a year ago joining two of the largest office supply product companies, Boise Office Solutions and OfficeMax, a lot of...
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...
The Dual Role of Internal Audit and Loss Prevention
EDITORS NOTE: Sandy Katz is vice president of audit and control for Talbots, the specialty retailer focusing on misses, petites, and women's fashions, as...
Understanding the Impact of RFID on Retail
Over the past few years, it has been hard to pick up a newspaper or magazine without seeing an article about RFID. Publications such...
Reorganizing Loss Prevention through Talent and Technology
EDITORS NOTE: Paul Jones is senior vice president of loss prevention for Limited Brands. He is responsible for overseeing the loss prevention, shortage control,...