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what causes shrinkage in retail

What Causes Shrinkage in Retail? Addressing the 4 Top Causes

Not every loss prevention tool fits the needs and budget of every retailer. However, a combination of tactics makes an impact and reduces a store's shrinkage.

Restorative Justice Extortion Case Against Retailers Dismissed

A federal judge dismissed a racketeering lawsuit accusing Walmart and six other retailers of extortion by forcing accused shoplifters to take costly “restorative justice”...

Breaking News in the Industry: January 10, 2019

New card fraud scam targets EMV chips A new warning is coming from the Better Business Bureau about a different method crooks are using to...
organized retail crime associations

LPM Insider’s Top 5 Shoplifting and Organized Retail Crime Articles of 2018

In 2018, readers were most interested in posts about organized retail crime associations, offender perspectives on self-checkout theft, and the latest research on loss prevention analytics applications.

Cyber Security and Brand Protection Are Team Sports (Fortalice)

Sponsored by Fortalice As this holiday season approaches, are you ready to stand with your IT security counterparts and protect the brand? How many of...
Caroline Kochman

For First Offense Shoplifting, Education-Based Programs Might Provide Value

Education-based programs offering offense-specific, age-appropriate programming for shoplifting offenders are proven to reduce repeat offenses, which is not only the imperative of the criminal justice system but also the goal of the retailers as the victims. [Sponsored]
NASP logo

RILA Panel Discussion Takes On Added Significance in the Wake of New CEC Lawsuit

Editor's Note: The following missive is a response from the National Association of Shoplifting Prevention (NASP) to the class action lawsuit filed against a...
Caroline Kochman

The Win-Win of Retailer-Led Offender Rehabilitation

Sponsored Editorial Caroline Kochman is executive director of the National Association of Shoplifting Prevention (NASP). She began her tenure with NASP in 1993 as director...

Brand Protection Requires a High Bar for LP’s Business Partners

Many characteristics comprise a retailer—products, price, customer service, store design, and more. Nothing, however, has a more profound impact on potential customers than how they feel about a retailer.

California Court Issues Ruling against CEC Diversion Program, Calling It “Extortion”

In a lawsuit filed in 2015 against Corrective Education Company (CEC), Judge Harold Kahn of the Superior Court of California granted summary judgment against...
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