Tag: external theft
The Global Retail Theft Barometer
It probably comes as no surprise that shrink remains a significant operational challenge for retailers around the world. That's one top-line conclusion of the...
Weis Markets: 100 Years of Innovation
It's no small feat to be in business for 100 years, much less thrive and grow, but Weis Markets has done just that. From...
Crime Control in Singapore
During this past fall semester, I was on an academic sabbatical. This is a time when professors are temporarily relieved of their everyday teaching...
The U.S. Navy Exchange—Loss Prevention with a Family Touch, Global Reach
Here is a quick quiz—Name a multi-billion-dollar global retailer that is consistently profitable, has had only one owner in 200 years, offers attractive wages and benefits (medical/dental/life...
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...
Shrinkage Awareness – Communications with an Edge
In a large organization like JCPenney, new hires are immediately given a tidal wave of information on policies, procedures, scheduling, customer service, and register training as...
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...
Six Steps to a Successful Loss Prevention Program, Part 4
EDITOR’S NOTE: This is the fourth in a series of articles discussing a strategic approach to formulating a targeted loss prevention program. The first part appeared...
Benchmarking Your Performance on Shrinkage
The session took place on the second day of the conference and used an established technology that enabled individual delegates to “answer” questions in real time put...
12 Months Into Becoming World Class
Many loss prevention professionals begin their career in established departments where they are lured to the structured succession planning, continuing programs, and enduring policies. However,...