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Creating Individual and Group Accountability in Retail Loss Prevention

Once you have senior leadership's buy-in, you can then create accountability for controlling loss beyond the LP team. The best place for accountability is in your company's performance reviews.
reduce shrinkage

A Root-Cause Analysis May Help Reduce Shrinkage

As the industry transitions from bricks and mortar to “bricks and clicks,” the capabilities of existing systems are being stretched thin, and many retailers have not fully integrated the new technology required to manage loss and reduce shrinkage effectively in an omni-channel world.
Shrinkage Control, in-store audit

How to Perform An In-Store Audit That Will Guide and Motivate Improved Performance

The three major causes that contribute to inventory shrink in any retail operation are internal theft, external theft, and operational compliance. An effective loss prevention program must focus on all three of these areas.
retail shrinkage rates

The Worldwide Impact of Shrink

In the United States and around the globe, shrink continues to be a challenge for retailers, especially as competition grows, profit margins constrict, and...
Analytics Data Loss Prevention Strategy Retail Asset Protection, retail data analytics

Retail Data Analytics: A Straightforward Breakdown of Types and Sources

Preliminary analysis of how LP teams are using data analytics suggests it is being used in at least three ways, based on the type of analysis being performed, the frequency with which it is done, and the type of employees using it.

Day 2 of the Innovision 2018 Conference

Leading off the final day of the 2018 Innovision Conference from Fort Lauderdale was a keynote presentation with Dr. Rick Goodman, a former physician...

Understanding Data Analytics in Loss Prevention

The focus of our next benchmarking survey will be data analytics. In our survey of loss prevention practitioners, this topic was ranked second highest...

Today’s Top LP Jobs

Loss Prevention Manager, Carson's, (IL) Are you a proven leader with loss prevention experience? If so, this position is a great next step in your...

Today’s Top LP Jobs

Zone Asset & Profit Protection Manager, Sears, (FL) The Zone Asset & Profit Protection Manager (ZMAP) provides disciplined leadership to the assigned Zone for the...

Today’s Top LP Jobs

Loss Prevention & Safety Manager, Lowe's, (NY) Our Loss Prevention Supervisors work with the regional loss prevention team and store management to improve internal shortage...

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Get your FREE "Optimizing Your Employee Theft Policy" Guide

Promoting a culture of honesty requires implementing a strong employee theft policy and internal awareness program.

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Get your FREE "What is Loss Prevention?" Guide

Read this report to discover the history of retail security and get a glimpse at the rapidly evolving loss prevention profession.

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Get your FREE "Issues with ORC and Shoplifting" Guide

The safety of store associates, customers, and millions of dollars in potential litigation rely upon understanding these issues.

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Get your FREE "CCTV, Alarms, and Security Training" Guide

This report shows how CCTV/video and alarm systems can enhance the safety and security of retail locations.