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Tag: internal theft
As long as a retailer’s doors are open for business, there is risk of of a store robbery. If this is the case, how are we to be proactive in armed robbery prevention?
The NRSS indicates that shoplifting accounted for 35.7 percent of the reported shrink in 2017, which is down from 39.3 percent in 2016.
To the extent possible, it’s good to keep high-value assets and critical material separate from employees, but that’s not always practical.
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.
Today, more than ever, retailers need solutions to address the ever-growing problem of shoplifting and theft. The criminal justice system has not been effective in solving this. [Sponsored Post]
How was I going to secure an admission if I couldn’t look the employee in the eyes, observe his body language, and gauge deception in all the ways interviewers are traditionally trained?
Since the earliest days of organized retail, there has been a recognition of the unique exposure that retailers have to crime and loss. We...
Employee lawsuits over bag checks, expanding theft admissions, and the reasons why good investigators fail: these topics were of great interest to LPM Insider readers this year.
Last week's LPM Insider survey asked whether respondents thought they were earning a fair wage for the work they do. One reader commented, "Companies that are too tight with their money lose loyalty, and then their best people. Then they wonder why. The door swings both ways."