Tag: external theft
LP Insider’s Top Five Inventory Shrinkage Articles of 2016
How to Calculate Shrinkage in Retail
Understanding how to calculate shrinkage in retail is a fundamental but critical concept within the loss prevention profession as...
How to Design a Loss Prevention Program to Attack Shrinkage in a High-Risk Store
Integrating an effective loss prevention program can yield dramatic improvements when it comes to mitigating inventory shrinkage. But aligning an LP department appropriately within...
Discover the ISS Difference in Custom Product Development (ISS)
Industrial Security Solutions (ISS) specializes in providing a complete range of EAS and CCTV products and services that focus on cost-effective solutions catered to...
Fifteen Years of Loss Prevention, Part 2
Welcome to the second of three installments covering the first fifteen years of Loss Prevention magazine. I hope you enjoyed the first part in...
Building an LP Department Focused on People
EDITORS NOTE: David Shugan, CFI, is the senior director of loss prevention for Carters based in Atlanta. Prior to taking over the leadership role...
Breaking the Retail Shrinkage Life Cycle
For those of who have been in the loss prevention business for a number of years, you are surely familiar with the retail shrinkage...
Beyond Shrinkage: Introducing Total Retail Loss
A major new report published by the Retail Industry Leaders Association (RILA) puts forward a dramatically different way of thinking about the problem of...
Redefining Inventory Shrinkage—Four New Buckets of Loss
What does inventory shrinkage mean to you?
For most companies, the answer to this question would be obvious: a significant problem, and usually something that...
Professional Development: Mentoring the Big Jump
As leaders in the asset protection industry, we have the unique opportunity to mold our star performers from their current role to the next...
The Prisons are Full: The Impact on Retail Crime
Retail losses due to external theft continue to rise and a major reason is that those people involved in retail crime can continue with...