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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...
Retail Theft Statistics, Fraud Statistics

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...
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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, stolen cargo

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

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...
ORC Theft

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...
Loss Prevention Technology

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...
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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...
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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...
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