Tag: internal theft
Implementing an e-Learning Strategy for Loss Prevention Training
In today’s economy, cutbacks, downsizing, and store closings have become a common means to streamline the bottom line of today’s retailers. Nowhere more than...
A Primer on LP in DCs
The control of losses in a distribution center is not that much different than in a store. The sources of loss are essentially the...
Improving Home Improvement Shrinkage
E D I T O R : Your title is vice president of loss prevention, safety, and hazmat. That entails a lot. Give us...
Stopping Theft with the Click of a Mouse
Detecting internal theft at JCPenney has leap-frogged into the 21st century. Just five years ago, attempting to identify possible fraudulent refunds meant that every...
Operational Shrink in Retail: There’s More to LP than Preventing Theft
Since its inception in 1993, the Lowe’s Companies loss prevention and safety department has tailored its programs to identify and respond to losses that...
Emerging Trends in Loss Prevention
A Short History of Loss Prevention
In the sixties, retailers called the departments that were engaged to impact loss security. Many of the practitioners in...
Whats Ahead in Technology in 2003?
In the mid- to late-1990s, great strides in computer and telecommunications technology gave rise to an array of cutting-edge security solutions in all areas...
What Shoplifters Say about Stopping Shoplifting
With all the advances in security measures, FBI Crime Index statistics show shoplifting offenses were up 13.3 percent in 1999 compared to 15 years ago. This...
Outsourcing Options in Specialty Loss Prevention
Over the past two years, several specialty retailers including Stride Rite, Wilsons Leather, and Fredrick’s of Hollywood have made the decision to outsource their...