Tag: fraud charges
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,...
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...
