Tag: internal theft

Lotteries provide substantial benefits to communities, generating tens of billions of dollars in annual proceeds for public education, parks, and other essential social programs, while also driving foot traffic to retail stores. However, along with these advantages comes a significant challenge for store owners: theft.

There has been a sharp drop in crime during stay-at-home directives and social isolation. New York Mayor Bill de Blasio said his city hasn’t...

Tom Meehan, CFI recently completed his first book-length publication titled "Evolution of Retail Asset Protection: Protecting Your Profit in a Digital Age."

In situations where a subject reverts to “I don’t remember,” it is generally a means of defending himself without having to admit to participation in a particular act.

Strong customer service is one of our most effective tools and most proactive means to control theft and other losses on the retail selling floor.

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.

Employee embezzles $500K

Recovered in cargo theft: $60K

Kroger's LPC scholarships

Employee's $100K theft

Racial discrimination merchandising?

Another retailer closing stores