Tag: internal theft cases
The Moral, Societal, and Legal Obligation for Workplace Theft Prevention
At first, this may seem like an issue that involves only the retailer. However, the decision to ignore generally accepted cash and merchandise controls has far-reaching implications.
Managing Grocery Store Shrink Begins with Problem Identification
One question I have been asked frequently is, “How did you know how to battle retail shrink in the grocery business, especially considering your...
Start with a Good Cause: Loss Prevention Strategy Examples
In today's retail business environment, everyone is seeking a competitive advantage. It could be in technology, people, business practices, or newly developed programs. The...
Loss Prevention in Retail: How Do You Create Your Vision?
I remember walking into the office for the first time. A new company, a new position, a new city. The size of the building...
Just a Low-Level Shoplifter? The Cost May Be Higher Than You Think
LP has turned much of its attention in recent years away from petty shoplifters to crooked store associates and organized retail crime—and seemingly for good reason.
How to Recognize Signs of Employee Fraud
A comprehensive study of injuries and illnesses in retail several years ago surprised researchers at the National Institute for Occupational Safety and Health (NIOSH)....
The Benefits and ROI of Online POS Exception Reporting
According to industry surveys as well as industry buzz, it’s one of the hottest technologies in the retail loss prevention industry, with users swearing...
Asset Protection in a Convenience-Store Environment
A Conversation with Mark Stinde of 7-Eleven
EDITOR'S NOTE: Mark Stinde is vice president of asset protection for 7-Eleven, Inc. He has over 24 years...
Building Kirkland’s Loss Prevention Program
Founded in 1966 by its namesake Carl Kirkland, Kirkland's admittedly fills an odd niche in the retail world, although it has become more mainstream...
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...