Tag: internal theft
Retailers Estimate Shoplifting, Incidents of Fraud Cost $44 Billion in 2014 According to National...
NRF/University of Florida Survey Finds Shrinkage Totaled 1.38% of Sales Last Year
Long Beach, California, June 24, 2015 – A new study being released from NRF...
Why Do Employees Steal?
Many, many years ago, when I worked as a loss prevention investigator for Lerner Stores, most of my work was focused on store operations...
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...
2010 National Retail Security Survey Executive Summary
The final report of the 2010 National Retail Security Survey (NRSS) recently has been released in its nineteenth edition and has been posted on...
The U.S. Navy Exchange—Loss Prevention with a Family Touch, Global Reach
Here is a quick quiz—Name a multi-billion-dollar global retailer that is consistently profitable, has had only one owner in 200 years, offers attractive wages and benefits (medical/dental/life...
Shrinkage Awareness – Communications with an Edge
In a large organization like JCPenney, new hires are immediately given a tidal wave of information on policies, procedures, scheduling, customer service, and register training as...
Combating Cargo Loss at the Army & Air Force Exchange Service
Since the first formal post exchanges were established by the War Department in 1895, an exchange system has served side-by-side with U.S. military troops both in...
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...